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Top 3 cheap stocks for 2014: Pro

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Fund manager's picks: GT, WDC & SU

Three ridiculously cheap stocks promise strong returns for the coming year, Lyrical Asset Management CIO Andrew Wellington said Monday.

"We go bottom-up, and we look for those stocks that are trading at the biggest discounts that we can find in the market," he said.

On CNBC's "Halftime Report," Wellington revealed his top three stocks for 2014: Goodyear, Western Digital and Suncor.