NEW YORK (TheStreet) -- Although the S&P 500 is up nearly 30% for 2013, that doesn't mean all stocks enjoyed a smooth ride. TheStreet's Gregg Greenberg is alongside Brian Frank, portfolio manager of the Frank Value Fund, eyeing some 2013 laggard stocks that could outperform in 2014.
Frank's first pick was Performant Financial (PFMT). The stock was only up 5% in 2013 and works mostly with student debt collection and investigating Medicare fraud, both of which are on the rise.
Liquidity Services (LQDT) was another stock Frank liked going into 2014. Although the company has hit a short-term slowdown in growth, he said its long-term growth prospects are still good.
Vera Bradley (VRA) and other retailers struggled this year, but he suggested that Vera Bradley still has strong growth and is in better position than many of its peers because it does not compete with Michael Kors (KORS), the "juggernaut" of the industry.
Finally, Frank's last pick was Vitamin Shoppe (VSI). As the U.S. population continues to age, they will be increasingly turning to vitamins to supplement needed nutrition.
The company can persevere through a difficult economy too, evidenced by its positive comps sales in 2008, Frank concluded.