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As the stock market moves ever higher, we're continuously looking for value stocks that have been left behind, perhaps erroneously. Our latest search has uncovered a diverse group of industrial stocks, many of which are trading well below levels they first hit in early 2011. Since that time they have struggled with various headwinds, including the recession in Europe, the slowdown in the emerging markets and weakness in mining and commodities.
Nonetheless, the turnaround stock picks we detailed in our December 2013 issue enjoy solid core businesses, often with leading market share and powerful brands. As a result, they all stand to prosper as the global economy gradually improves. In addition, many of the stock picks we named have decent dividends to compensate you as you wait for a rebound. Learn more about these potentially lucrative industrial turnaround stocks.