While U.S. equities have surged in a historic rally to new record highs following the surprise Election Day victory of Donald Trump, many areas of the market haven’t participated. Breadth has narrowed as areas like industrials and financials lead the charge higher.
But now that investors have stepped back and surveyed the situation, bargain hunters are rounding back to these areas of lagging performance in search of value and performance.
Looking into 2017, investors looking for high-risk, high-reward stocks should concentrate on these areas, with a particular focus on smaller energy and gas and oilfield services companies poised to benefit from the rebound in crude.
Here are 10 stocks to watch.