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||Mondelez Intl Cmn A||$42.50||34.18%||6.76%|
|NYSE||MGM Resorts International||$26.60||34.14%||32.54%|
|NYSE||Exxon Mobil Corp||$81.76||34.13%||-0.29%|
|NYSE||Phillips 66 Common Stock||$78.66||33.50%||-2.39%|
|NYSE||L Brands Inc||$57.51||32.64%||-29.74%|
|NYSE||Zoetis Inc Class A Common Stoc||$52.51||32.48%||25.62%|
|NYSE||Tata Motors Ltd||$33.46||31.59%||45.73%|
|NYSE||Campbell Soup Company||$58.48||28.89%||-3.97%|
If you want to receive this Oversold Stocks list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.