GOLDMAN: Here are the 21 cheapest stocks in the market

They also expect some stocks outperforming others.

In their new quarterly chartbook for clients, Goldman Sachs' David Kostin and his team identify the stocks offering the most upside relative to Goldman analysts' price targets.

We went through the list and compiled the top 21 stocks, all with over 50% upside relative to where they've been trading lately.

Many of the opportunities seem to be in the hard-hit media and energy industries, which account for 10 of the 21 companies on the list.

See below, ranked from least to most upside.