Stocks are on sale. Well, some are anyway and just like items that hit the bargain bin at the mall, there's plenty of junk to avoid. But a few trustworthy experts have published tips about cheap stocks that are worthy of passing along.

First, I cite analyst , who has written a piece at that Web address extolling the "Dogs of the Dow" strategy. That's the one in which you buy the 10 Dow stocks with the highest dividend yields, which means their share price has probably taken a nosedive.

Lastly, the wrote that which closed Friday at $12.50, is a "ridiculously cheap stock." The maker of image sensor chips for digital cameras endured a Securities and Exchange Commission investigation and can't seem to keep a CFO. So why does Gibbons like OVTI? Try projected earnings growth of 25 percent, a price-earnings ratio of 10 and a cash balance almost equal to half its market worth.

*Shares of now rank with the stock as a Wall Street darling. BOT rose 49 percent on its first trading day Wednesday and another 23 percent Friday, to a close of $111.50. But it's likely that future increases will have to be based on hard numbers in the forthcoming earnings.

*The high expectations for the stock will pressure Board of Trade executives to take steps to boost profits. Among them will be increases in trading fees, especially for the markets where the exchange has the greatest pricing power, Treasury and crop futures. Watch for new emphasis on moving the pit-based ag markets to the trading screen, where margins are higher. Farmers are more tech-savvy than commonly recognized, so volumes will erupt with their click-trading. Expect the exchange to add trading terminals overseas.

*The stock's behavior makes an anonymous Board of Trade member I quoted Thursday look like a wizard. When BOT was around $80, he said anticipated profits should support a share price in the range of $100 to $120. Your conclusions: That guy's smart. Read the Sun-Times. Make money.

As retailers head into the Christmas season, the biggest unknown is the gas effect on people's wallets, the high cost of both what you put in the car and what you use to heat your home. However, senior analyst for retail, the aptly namedcommented that the market already has priced in the prospect of soft holiday sales.

An exchange-traded fund called the has shed about 10 percent from its high last July. "So if retailers can beat those low expectations, retailer stocks could actually perform relatively well in the next two quarters," Plaza said. He lists and as his favorites in the sector, but he's slapped a sell rating on which he thinks can't match the firepower of bigger electronic chains.

Shares of have had a horrible year, having slid from a high of $25 in January to Friday's close of $18.16. But New York Stock Exchange data show that short-sellers are betting on more declines. SLE registered as the NYSE stock with the greatest increase in short sales between Sept. 15 and Oct. 15. Some 28 million shares are held by the shorts, vs. just 8.7 million on Sept. 15.

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