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 boast a 14-day RSI reading below 30, 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||Name||Price||14-Days RSI||1-Year Returnn|
|RHHBY||Roche Hldg Ltd Spons||$29.35||29.52%||-14.13%|
|VOD||Vodafone Grp Plc Ads||$27.81||29.26%||-13.74%|
|COG||Cabot Oil & Gas Corp||$21.93||28.93%||-5.51%|
|ABBV||Abbvie Inc Common Stock||$60.14||28.07%||6.39%|
|AXP||American Express Company||$59.90||28.03%||-22.42%|
|GILD||Gilead Sciences Inc||$72.64||27.06%||-29.36%|
|BMY||Bristol-Myers Squibb Company||$49.34||25.81%||-23.49%|
|BX||The Blackstone Group LP||$23.52||21.93%||-31.87%|
|APD||Air Products and Chemicals||$132.28||20.74%||-4.74%|
|TEVA||Teva Pharmaceutical Industries Ltd||$41.79||15.20%||-31.36%|
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