Should a dividend stock be discounted just because market volatility has wreaked havoc on its stock price?

Oppenheimer has compiled a list of 18 stocks -- some covered by its equity analysts and some not -- considered "babies thrown out with the bath water."

Oppenheimer believes these dividend-paying stocks "look attractive from a valuation and potential total return perspective," according to a Feb. 29 note to clients. "This week we sought out and screened for stocks that appeared to us to be stocks off their 52-week high that offer attractive dividends and have prospects, in our view, for dividend growth and capital appreciation."

Only nine of the stocks are covered by Oppenheimer analysts, but all 18 merit consideration for a dividend-oriented portfolio, the note said.

Here are the stocks that pulled up on Oppenheimer's screen. We've paired the list with commentary from Jim Cramer, if the stock is owned by his Action Alerts PLUS charitable trust portfolio.