MILLBURN, N.J. (Stockpickr) -- I think it is fair to describe the stock market for first half of 2011 as "manic-depressive." If you listened to many commentators in the financial media, and even on this site, you were likely misled to believe that we are in the midst of another financial calamity. Despite the roller coaster rides so far in 2011, all of the major domestic stock indices on a price basis are higher by about 3% to 7%. The S&P 400 Midcap Index (MID) is the leader among the pack, returning just under 8% on a price basis.There are a whole host of stocks that did not fare as well as the broad market indices and managed to decline for the first half of the year. Some of these stocks could potentially rebound and return positive gains for the second half of 2011. While I would not necessarily categorize all of these stocks as long-term investments, they do provide trading opportunities for the second half of the year. Related: 5 High-Beta Stocks That Could Explode Here's a look at several stocks poised to rebound in the second half of 2011.
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