One of my favorite sources over the years has been Richard Moroney, editor of the newsletter Dow Theory Forecasts. In comparison with the many fast-talking, bullish Wall Street analysts I talk to, Rich comes across as steady and incisive; like he can see what's really going on at a company through the haze of quarterly earnings guidance and hyped new product announcements.
Today he's the featured commentator on Zacks. His piece on looking at a stock's price/free cash flow ratio is worth reading. He also gives a couple of picks based on this method of analysis: Valero Energy (VL0) and Ball (BLL)