Arrays.asList(yourArray).contains(yourValue)
Warning: this doesn't work for arrays of primitives (see the comments).
Since java-8 you can now use Streams.
String[] values = {"AB","BC","CD","AE"};
boolean contains = Arrays.stream(values).anyMatch("s"::equals);
To check whether an array of int, double or long contains a value use IntStream, DoubleStream or LongStream respectively.
Example
int[] a = {1,2,3,4};
boolean contains = IntStream.of(a).anyMatch(x -> x == 4);