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 (%)|
|NASDAQ||Dish Network Corp.||$60.04||29.86%||17.06%|
|NYSE||Church & Dwight Company||$50.29||29.72%||2.05%|
|NYSE||Southwest Airlines Company||$55.37||29.16%||49.13%|
|NYSE||International Business Machines||$143.47||28.62%||-9.07%|
|NYSE||Baker Hughes A Ge Co. Cl. A||$34.56||28.22%||-27.36%|
|NASDAQ||Western Digital Cp||$80.97||28.02%||83.49%|
|NYSE||Zimmer Biomet Holdings||$117.19||25.18%||-10.27%|
|NYSE||Hca Holdings Inc.||$78.49||24.43%||2.94%|
|NYSE||Davita Healthcare Partners Inc.||$56.85||21.17%||-24.56%|
|NASDAQ||Mylan Nv Ord Shs||$32.00||20.79%||-34.06%|
|NYSE||Pioneer Natural Resources Co||$129.64||19.45%||-24.00%|
|NYSE||Teva Pharmaceutical Industries Ltd||$18.59||11.90%||-63.97%|
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