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 (%)|
|NYSE||Marathon Oil Corp||$12.62||34.98%||-5.32%|
|NASDAQ||Cisco Systems Inc.||$31.25||34.28%||11.85%|
|NYSE||Devon Energy Corp||$32.72||34.14%||-6.70%|
|NYSE||Plains All American Pipeline LP||$25.84||33.83%||2.47%|
|NYSE||Credit Suisse Group||$13.74||33.76%||16.78%|
|NASDAQ||Liberty Global Ord A||$29.41||33.66%||-19.74%|
|NYSE||Anadarko Petroleum Corp||$48.30||33.16%||-9.26%|
|NYSE||Molson Coors Brewing Company||$88.26||32.50%||-14.30%|
|NYSE||Dell Technologies Inc. Cl V||$62.24||32.22%||30.33%|
|NASDAQ||Liberty Global Ord C||$28.38||31.16%||-20.29%|
|NASDAQ||Shire Plc Ads||$164.11||29.40%||-6.35%|
|NYSE||Energy Transfer Partners||$20.78||26.99%||-18.83%|
|NYSE||Hewlett Packard Enterprise Comp||$16.85||20.06%||-10.44%|
If you want to receive this list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.