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Garmin ( GRMN) is a bit of an unlikely name on this list. While the other names are staid blue-chip stocks, Garmin's $6.4 billion market capitalization puts it squarely in mid-cap territory. Even so, the special opportunity in this stock is presenting a big buying opportunity for GRMN right now.

Garmin makes global positioning devices for cars, boats, planes and fitness enthusiasts. That exposure to all corners of the GPS market is significant -- and it's the sole differentiator that keeps Garmin head and shoulders above peers. It means that Garmin is able to pour R&D into big-ticket electronics (such as the $50,000 G1000 avionics suite for small planes) and then transition the tech to the more margin-sensitive consumer market. The result is net profit margins that consistently scrape up against the 20% mark.

In spite of recent successes for Garmin -- namely the growth of its innovative fitness offerings in the last two years -- investors don't see how this stock can continue to perform at a high level. That's a big part of why GRMN is consistently one of the most heavily shorted mid-cap names on the Nasdaq. A spotless balance sheet with approximately $3 billion in cash and investment and no debt makes Garmin an exciting opportunity this year. As I write, the firm pays out a 5.43% dividend yield -- the biggest on this list.

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