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To create the following list, we started with a list of rebounding stocks. All of the names mentioned below had negative returns over the last six months, but rebounded significantly during Q4.

The key question is: Will these rebounding stocks carry their momentum into 2012?

To answer the question, we looked towards insider buying trends to estimate the future outlook for these companies. All of these companies have seen significant levels of insider buying during the current quarter, suggesting that insiders think there's more upside to be priced in.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

Do you agree with the bullish insider sentiment? Will these rebounds gain more momentum? Leave your comments below.

List sorted by quarterly performance.

1. TransAtlantic Petroleum Ltd. (TAT): Engages in the acquisition, development, exploration, and production of crude oil and natural gas. The stock had a return of -28.24% over the last six months, but rebounded to return 46.99% over the last quarter. Over the last six months, insiders were net buyers of 1,668,640 shares, which represents about 0.77% of the company's 216.86M share float.

2. Privatebancorp Inc. (PVTB): Operates as the holding company for The PrivateBank and Trust Company that provides business and personal financial services to middle-market companies and business owners, executives, entrepreneurs, and families in the United States. The stock had a return of -22.45% over the last six months, but rebounded to return 38.22% over the last quarter. Over the last six months, insiders were net buyers of 20,200 shares, which represents about 0.03% of the company's 59.55M share float.

3. SandRidge Energy, Inc. (SD): Operates as an independent natural gas and oil company in the United States. The stock had a return of -24.81% over the last six months, but rebounded to return 35.74% over the last quarter. Over the last six months, insiders were net buyers of 1,369,450 shares, which represents about 0.4% of the company's 346.28M share float.

4. Hercules Offshore, Inc. (HERO): Provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the U. The stock had a return of -20.04% over the last six months, but rebounded to return 34.28% over the last quarter. Over the last six months, insiders were net buyers of 32,000 shares, which represents about 0.02% of the company's 135.30M share float.

5. Genomic Health Inc. (GHDX): Focuses on the development and global commercialization of genomic-based clinical laboratory services that analyze the underlying biology of cancer allowing physicians and patients to make individualized treatment decisions. The stock had a return of -11.60% over the last six months, but rebounded to return 26.36% over the last quarter. Over the last six months, insiders were net buyers of 554,745 shares, which represents about 2.06% of the company's 26.92M share float.

6. A. Schulman, Inc. (SHLM): The stock had a return of -14.75% over the last six months, but rebounded to return 25.69% over the last quarter. Over the last six months, insiders were net buyers of 21,416 shares, which represents about 0.08% of the company's 28.38M share float.

7. Kohlberg Kravis Roberts & Co. (KKR): Kohlberg Kravis Roberts & Co. is a private equity and venture capital firm specializing in acquisitions, leveraged buyouts, management buyouts, and mezzanine investments in large cap companies. The stock had a return of -16.35% over the last six months, but rebounded to return 25.60% over the last quarter. Over the last six months, insiders were net buyers of 77,400 shares, which represents about 0.03% of the company's 222.65M share float.

8. AOL, Inc. (AOL): Operates as a Web services company that offers a suite of brands and offerings for the worldwide audience. The stock had a return of -24.61% over the last six months, but rebounded to return 25.46% over the last quarter. Over the last six months, insiders were net buyers of 490,000 shares, which represents about 0.51% of the company's 95.67M share float.

9. Brown Shoe Co. Inc. (BWS): Operates as a footwear retailer and wholesaler primarily in the in the United States, Canada, China, and Guam. The stock had a return of -15.28% over the last six months, but rebounded to return 24.58% over the last quarter. Over the last six months, insiders were net buyers of 23,500 shares, which represents about 0.06% of the company's 40.09M share float.

10. First Industrial Realty Trust Inc. (FR): Operates as a real estate investment trust. The stock had a return of -12.15% over the last six months, but rebounded to return 22.76% over the last quarter. Over the last six months, insiders were net buyers of 76,100 shares, which represents about 0.1% of the company's 79.47M share float.

11. Central Pacific Financial Corp. (CPF): Operates as the bank holding company for Central Pacific Bank that provides commercial banking services to businesses, professionals, and individuals in Hawaii. The stock had a return of -10.47% over the last six months, but rebounded to return 22.45% over the last quarter. Over the last six months, insiders were net buyers of 515,500 shares, which represents about 2.33% of the company's 22.16M share float.

12. First Interstate Bancsystem Inc. (FIBK): Operates as the bank holding company for First Interstate Bank that provides commercial and consumer banking services. The stock had a return of -10.78% over the last six months, but rebounded to return 19.94% over the last quarter. Over the last six months, insiders were net buyers of 6,729 shares, which represents about 0.05% of the company's 13.25M share float.

13. Winthrop Realty Trust (FUR): Engages in the ownership and management of real property and real estate-related assets. The stock had a return of -11.49% over the last six months, but rebounded to return 19.37% over the last quarter. Over the last six months, insiders were net buyers of 198,400 shares, which represents about 0.68% of the company's 29.24M share float.

14. Western Alliance Bancorporation (WAL): Provides various banking and related products and services in Nevada, Arizona, California, and Colorado. The stock had a return of -11.13% over the last six months, but rebounded to return 18.96% over the last quarter. Over the last six months, insiders were net buyers of 95,436 shares, which represents about 0.14% of the company's 68.81M share float.

*Insider trading data sourced from Yahoo Finance, performance data sourced from Finviz.

Source: Top 14 Rebound Stocks Backed Up By Insider Buying