Only two names on this list grab me as having notable recent insider buying They are Apache and Tenet Healthcare.
By Ben Levisohn
Picking underperforming stocks has not been a winning strategy over the long term. It can, however, succeed in the short term–especially at the beginning of the year and when combined with low valuations.
Goldman Sachs’ strategist Stuart Kaiser and team explain:
Lower valuation stocks have outperformed peers by an average of 420 bp in 1Q during the past 35 years vs. just 170 bp in all other quarters. Buying laggards has also performed well early in the calendar year, which is notable given the strategy’s extremely poor long-term cumulative returns.
via Goldman Sachs: These Stocks Could Pop in Early 2014 – Stocks To Watch – Barrons.com.