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|
|NYSE||Ford Motor Company||$11.30||34.59%||-10.77%|
|NYSE||Delta Air Lines Inc||$44.33||34.34%||-7.62%|
|NYSE||Palo Alto Networks Inc||$109.89||33.50%||-20.25%|
|NYSE||American International Group||$60.03||33.35%||10.06%|
|NYSE||Lyondellbasell Industries Nv||$85.33||33.27%||0.04%|
|NYSE||Wells Fargo & Company||$52.71||33.16%||8.52%|
|NASDAQ||Cisco Systems Inc||$32.58||32.89%||18.78%|
|NYSE||Potash Corp. of Saskatchewan Inc||$16.64||32.29%||5.46%|
|NYSE||Deutsche Bank Ag||$16.14||32.00%||-8.22%|
|NYSE||Envision Healthcare Holdings||$59.33||31.70%||171.07%|
|NASDAQ||Dish Network Corp||$58.87||31.52%||40.43%|
|NYSE||Alaska Air Group||$86.92||29.63%||7.08%|
|NASDAQ||Mylan Nv Ord Shs||$37.53||28.42%||-20.84%|
|NYSE||Hewlett Packard Enterprise Comp||$18.09||27.01%||5.37%|
|NASDAQ||Analog Devices Cmn||$76.44||25.11%||31.96%|
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