GOLDMAN SACHS: These 17 stocks offer the best bargains in the market right now

• The equity market correction has created plentiful opportunities in stocks that are now trading at their most attractive valuations in months.
• Goldman Sachs has singled out the 17 companies that are the most mispriced, relative to their beta-implied return since the selloff started.

Big selloffs create big opportunities.

It's a tried and true tenet of the stock market, and one that's highly relevant to the situation currently unfolding in markets on the heels of recent turbulence. With all major US indexes fresh off 10% corrections, many single stocks are far more attractively priced than they've been in recent months.

And according to Goldman Sachs, investors want to keep buying stocks. In a client note from late last week, the firm said that conversations with clients have revolved more around what to buy, rather than what areas to flee.

On a sector basis, Goldman recommends cyclical ones like materials and industrials. But which single stocks offer the best deals?

To figure this out, Goldman ran a screen for buy-rated companies that have lagged the most relative to their beta-implied returns since the stock selloff began in earnest on January 26. In other words, it located the market's biggest bargains.

Without further ado, here are the 17 stocks that best fit the bill, arranged in increasing order of how much they're trailing those implied returns: