ACI ALBERTSONS COS INCAlbertsons Companies, Inc. Class ABATS:ACISimeonNikolaev-investACI is an extremely cheap traditional business (Forward P/E below 9x) with huge free cash flow, a stable dividend and a clear margin of safety. Even if regulatory issues surrounding the Kroger merger generate temporary short-term volatility in the price, the fundamental value of the stock makes the investment very safe in the long term.