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-Day RSI||1-Year Return|
|EL||Estee Lauder Companies||$80.56||29.61%||-5.96%|
|SPG||Simon Property Group||$181.93||29.55%||-6.65%|
|TRV||The Travelers Companies Inc||$105.36||29.00%||-6.84%|
|OXY||Occidental Petroleum Corp||$67.25||28.93%||-10.45%|
|KIM||Kimco Realty Corp||$25.49||28.84%||-2.52%|
|ETE||Energy Transfer Equity LP||$14.07||28.41%||-30.03%|
|WPZ||Williams Partners LP||$33.40||27.90%||-3.19%|
|WLTW||Willis Towers Wts Cmn||$117.69||27.30%||-9.08%|
|EW||Edwards Lifesciences Corp||$91.34||26.36%||16.23%|
|ZBH||Zimmer Biomet Holdings||$104.45||23.75%||-2.64%|
|BUD||Anheuser-Busch Inbev Sa||$113.04||21.66%||-4.98%|
|NVO||Novo Nordisk A/S||$34.16||20.20%||-37.80%|
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