Alliance Fiber Optics Products (NSDQ: AFOP) is being bought by Corning, one of its long-time partners. Under the terms of the deal, AFOP shareholders will receive $18.50 per share, which represents a 37.5% return for RRS subscribers. Although it’s still well below its 52-week high of $22.35, we believe you should take this chance claim your profits and exit the position. Sell your shares of AFOP.

Diamond Hill Investment Group (NSDQ: DHIL) has gained 3% in the past month and has returned almost 180% since we added it to the RRS portfolio in January 2013. Its current valuations are still low at a price-to-earnings of 16.3 and it has plenty of upside. We’re raising our target price to $200.

DSW (NYSE: DSW) added some four new stores in April on its way to meeting its 14 new stores goal for the spring of 2016. Its recent acquisition of Ebuys should improve its online sales as it continues to add a meaningful number of brick-and-mortar locations. While it hasn’t wowed investors with its recent earnings, its 2016 revenues are still expected to grow at a respectable 8% to 10% with comparable store sales growth of 1% to 2%. Its P/E of 16 also means that it isn’t overpriced.

MSC Industrial Direct (NYSE: MSM) announced a solid second quarter in which its EPS came in at the top of its guidance range and revenues were in line with guidance despite a market challenging environment. Revenues are expected to continue to be hit by more market headwinds, but the company has shown it is able to control costs. Investors recently bought it up to a 52-week high of $77.78 but we still think it has more room to grow.

National Presto Industries’ (NYSE: NPK) Defense segment recently added a big contract which should support its growth for the next two years. In fact, all three of its segments continue to contribute to the company’s health which saw earnings jump 53% last year. Although it has surpassed our target of $87, the Presto’s low P/E of 15 and generous annual dividend means it still has more potential.

NMI Holdings (NSDQ: NMIH) increase new insurance written in the first quarter drove strong earnings growth. Following its earnings announcement, shares jumped 12% and are up almost 30% in the past 30 days. Although it still shows a negative return in our portfolio, NMIH remains a good play to take advantage of the recovering housing market.

Rackspace Hosting’s (NYSE: RAX) shares increased 20% in the past month but is still down 11% in our RRS portfolio. With its business expected to improve in 2016, we expect shares to continue to recover.

SJW Corp (NYSE: SJW) pays a solid 2% yield and has returned 27% since we first recommended it. The company has been able to offset decreased water usage from its customers with general rate increases. While shares have accrued 23% in the past year, don’t expect this stock to norm.

Utah Medical Products’ (NSDQ: UTMD) reported revenue growth in the first quarter despite foreign currency impact due to a stronger U.S. dollar. The company posted strong earnings growth of 20.8% due to a combination of higher revenues and lower expenses.

Vishay Precision Group’s (NYSE: VPG) are trading at a flat level from when we first recommended it in October 2014.The company continues to innovate and add new products to its portfolio of offerings. Although it’s trading new historic highs, its valuation is on par with its industry so we will soon be entering unchartered territory.

W. R. Berkley (NYSE: WRB) reported a strong first quarter with increased premiums written, higher earnings and earnings per share as the company continues to benefit from the recovering housing market. Despite being one of the better performing stocks in our legacy portfolio and at its current valuation is still cheap compared to its peers. The company still has room to grow especially given the favorable market conditions.