We all know that stocks have gotten off to a very bullish start in 2012. Year-to-date, both the Dow and S&P 500 have staged rallies, climbing over 8%, while the Nasdaq has jumped well over 10% so far in 2012. Stocks in the tech-heavy Nasdaq 100 have performed even better, rising a robust 12.6% so far this year. Yet with every rosebush there are many thorns, and in market terms, that means there have been some big losers so far in 2012.
Now, if you’ve been around the market for any significant length of time, then you know what’s in the doghouse today often is the leading the pack tomorrow. As the great Mark Twain once said, “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”
With this wise sentiment in mind, I want to pause and reflect on the following five beaten-down ETFs that could very well be great buying opportunities when the lead dog changes.