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If you're looking for stocks that have the potential to rebound from depressed levels, the following list might offer an interesting starting point.

Here is a list of stocks trading 0-10% from their 52-week low during recent sessions. However, these companies have seen improving analyst sentiment over the last week, experiencing upward EPS revisions for the current quarter's earnings results.

Analysts seem to think some of the negative news have been priced in and that there's promising upside potential to these names--what do you think? Full details below.

Analyst earnings estimates sourced from Yahoo! Finance, short float and performance data sourced from Finviz.

click for expanded image

List sorted by the number of analyst EPS upgrades over the last 30 days.

1. Blackboard Inc. (BBBB): Multimedia & Graphics Software Industry. Market cap of $1.22B. During the last 30 days, 9 analysts raised EPS estimates while no analysts revised estimates down. The stock is currently stuck in a downtrend, trading -5.21% below its SMA20, -10.53% below its SMA50, and -10.04% below its SMA200.

2. Cephalon Inc. (CEPH): Biotechnology Industry. Market cap of $4.33B. During the last 30 days, 6 analysts raised EPS estimates while no analysts revised estimates down. Relatively low correlation to the market (beta = 0.43), which may be appealing to risk averse investors.

3. Mindray Medical International Limited (MR): Medical Instruments & Supplies Industry. Market cap of $3.09B. Over the last seven days, 5 analysts have raised EPS estimates. During the last 30 days, 5 analysts also raised estimates while no analysts revised estimates down. The stock has lost 28.77% over the last year.

4. Green Dot Corporation (GDOT): Business Services Industry. Market cap of $1.89B. During the last 30 days, 5 analysts raised EPS estimates while no analysts revised estimates down.

5. Monolithic Power Systems Inc. (MPWR): Semiconductor Industry. Market cap of $518.96M. During the last 30 days, 5 analysts raised EPS estimates while no analysts revised estimates down. The stock has lost 30.58% over the last year.

6. Cisco Systems, Inc. (CSCO): Networking & Communication Devices Industry. Market cap of $100.72B. During the last 30 days, 3 analysts raised EPS estimates while no analysts revised estimates down.

7. Itron, Inc. (ITRI): Scientific & Technical Instruments Industry. Market cap of $2.21B. During the last 30 days, 3 analysts raised EPS estimates while no analysts revised estimates down. The stock is currently stuck in a downtrend, trading -8.64% below its SMA20, -7.98% below its SMA50, and -10.31% below its SMA200.

8. Knight Capital Group Inc. (KCG): Investment Brokerage Industry. Market cap of $1.31B. During the last 30 days, 3 analysts raised EPS estimates while no analysts revised estimates down. The stock has lost 22.4% over the last year.

9. Frontline Ltd. (FRO): Shipping Industry. Market cap of $2.01B. Over the last seven days, analysts have raised EPS estimates. During the last 30 days, 2 analysts also raised EPS estimates while no analysts revised estimates down. The stock has lost 3.15% over the last year.

10. Longtop Financial Technologies Limited (LFT): Business Software & Services Industry. Market cap of $1.73B. Over the last seven days, analyst raised EPS estimates. During the last 30 days, 2 analyst also raised EPS estimates while no analysts revised estimates down. The stock has had a couple of great days, gaining 5.31% over the last week. The stock has performed poorly over the last month, losing 14.03%.

11. NetSpend Holdings, Inc. (NTSP): Business Services Industry. Market cap of $1.05B. Over the last seven days, analyst raised EPS estimates. During the last 30 days, 2 analysts also raised EPS estimates while no analysts revised estimates down.

12. WMS Industries Inc. (WMS-OLD): Recreational Goods, Other Industry. Market cap of $2.15B. Over the last seven days, analyst raised EPS estimates. During the last 30 days, 2 analysts also raised EPS estimates while no analysts revised estimates down.

13. Central Garden & Pet Co. (CENT): Business Services Industry. Market cap of $542.04M. During the last 30 days, 2 analysts raised EPS estimates while no analysts revised estimates down. The stock has lost 17.16% over the last year.

14. EarthLink Inc. (ELNK): Internet Service Providers Industry. Market cap of $848.93M. During the last 30 days, 2 analysts raised EPS estimates while no analysts revised estimates down. The stock has lost 3.33% over the last year.

15. NRG Energy, Inc. (NRG): Electric Utilities Industry. Market cap of $4.84B. During the last 30 days, 2 analysts raised EPS estimates while no analysts revised estimates down. The stock has lost 14.07% over the last year.

16. Overseas Shipholding Group Inc. (OSG): Shipping Industry. Market cap of $992.71M. During the last 30 days, 4 analysts raised EPS estimates while 2 analyst revised estimates down. The stock has lost 22.45% over the last year.

Source: Rebound Ideas: 16 Stocks Near Lows With Earnings Upgrades