7 Laggards That Are Bargains In 2017: SHLD, GNC, CLDX, HBI, ALXN – BNL Finance (press release) (registration) (blog)

After years of big gains in the market, two things have happened. First, most folks 401k is looking pretty good right now. Second, the market is expensive, mainly the S&P 500. That’s why I have publicly said several times that the best policy to start 2017 is to have a lot of cash on the sidelines, and to downsize your pricey winners.

However, one can’t deny the fact that stock laggards are cheap, like dirt cheap. Many of the stocks that fell significantly in 2016 were well deserved, but several of those losses are overextended. As a result, if you are like me with cash to spare, and have had several great years, it might be a good idea to buy a couple of the following stocks.

Granted, don’t put 50% of your portfolio in these stocks. Hell, they are risky, and there is a reason they are laggards. However, 5-10% of your portfolio allocated to stocks that everyone…

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