Are you looking for stocks that are showing signs of bottoming out? Here’s a look at some of the most beaten-down securities in today’s market that may be ready for a rebound.
Investors can use this list to find potential candidates to buy before the stocks begin to rebound.
The most oversold candidates included in this list meet a number of criteria. First, each of the securities boasts a 14-day RSI reading below 35, deeming them to be in “oversold” territory and ripe for a rebound. Second, we apply a liquidity screen to eliminate the more thinly-traded securities out there. More specifically, the list excludes equities with a market cap below $10 billion and those with a five-day average trading volume below the 1 million shares mark.
As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
|Ticker||Exchange||Name||Price||14-Day RSI||1-Year Return|
|BBY||NYSE||Best Buy Co||$42.67||34.98%||40.09%|
|NWL||NYSE||Newell Rubbermaid Inc||$44.65||34.81%||2.06%|
|LVS||NYSE||Las Vegas Sands||$53.41||34.64%||21.41%|
|CTRP||NASDAQ||Ctrip.Com Intl Ltd||$40.00||33.52%||-15.06%|
|RHT||NYSE||Red Hat Inc||$69.70||32.92%||-16.68%|
|LB||NYSE||L Brands Inc||$65.84||32.26%||-31.89%|
|JCI||NYSE||Tyco International Plc||$41.19||30.21%||27.92%|
|DLTR||NASDAQ||Dollar Tree Inc||$77.18||29.14%||-0.57%|
If you want to receive this Oversold Stocks list directly in your inbox, sign up for the free freedenislevkin.ru newsletter and we’ll keep you updated with our latest content.