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||Gilead Sciences Inc||$72.85||29.38%||-3.47%|
|NASDAQ||Scripps Ntwrks Int A||$78.88||27.79%||15.64%|
|NYSE||International Paper Company||$54.39||27.75%||20.13%|
|NYSE||Time Warner Inc||$88.49||27.40%||4.38%|
|NASDAQ||Alexion Pharm Inc||$113.45||26.46%||1.36%|
|NYSE||Merck & Company||$55.10||24.61%||-13.24%|
|NYSE||General Electric Company||$19.02||23.81%||-33.28%|
|NASDAQ||Henry Schein Inc||$66.50||23.32%||-14.41%|
|NYSE||Johnson Controls Intl||$36.00||22.14%||-16.37%|
|NYSE||Verizon Communications Inc||$44.75||21.37%||-3.88%|
|NYSE||Barrick Gold Corp||$13.95||21.10%||-5.80%|
|NYSE||Grupo Televisa S.A.||$19.98||19.47%||-11.90%|
|NYSE||Newell Rubbermaid Inc||$28.47||17.26%||-38.25%|
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