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 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||Exchange||Name||Price||14-day RSI||1-year return (%)|
|NYSE||Noble Energy Inc||$23.41||29.43%||-33.08%|
|NASDAQ||Mondelez Intl Cmn A||$41.30||29.29%||-3.67%|
|NYSE||American International Group||$60.66||28.85%||2.98%|
|NYSE||Deere & Company||$115.96||28.63%||33.55%|
|NYSE||Omnicom Group Inc||$73.19||28.24%||-13.51%|
|NASDAQ||Dish Network Corp||$56.66||28.19%||15.97%|
|NYSE||Conagra Brands Inc||$32.53||28.16%||-7.50%|
|NYSE||Campbell Soup Company||$50.74||28.04%||-15.01%|
|NYSE||L Brands Inc||$36.45||27.56%||-52.06%|
|NYSE||Hormel Foods Corp||$31.05||27.47%||-17.35%|
|NYSE||Newell Rubbermaid Inc||$48.18||27.46%||-10.67%|
|NASDAQ||Kraft Heinz Co||$82.14||27.15%||-6.32%|
|NASDAQ||Ulta Salon Cosmetic||$207.75||23.40%||-16.67%|
|NYSE||J.M. Smucker Company||$105.40||16.33%||-24.34%|
|NYSE||Teva Pharmaceutical Industries Ltd||$15.93||15.06%||-68.55%|
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