Real estate investment trusts have taken large declines lately, but are prime for a huge comeback. The recent news on sub prime mortgages have taken there toll but with rumors of possible buyouts, these stocks are coming back with a vengeance. A couple of my favorites are IMH and NFI (Howard Lindzon). Both these stocks have potential for huge returns, but with gigantic short floats they are very risky. Good luck.
Disclosure: Long IMH & NFI