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|
|EW||Edwards Lifesciences Corp||$84.30||29.58%||2.11%|
|CCE||Coca Cola European Partners||$33.47||28.05%||-35.09%|
|HDB||Hdfc Bank Ltd||$62.85||27.85%||7.84%|
|LLY||Eli Lilly and Company||$67.20||26.31%||-19.67%|
|TV||Grupo Televisa S.A.||$20.63||25.85%||-28.71%|
|TTM||Tata Motors Ltd||$32.73||24.47%||5.48%|
|VOD||Vodafone Grp Plc Ads||$24.53||23.23%||-27.45%|
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