Are you looking for stocks that are showing signs of bottoming out? Here is 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 |
|---|---|---|---|---|
| FOXA | 21St Centry Fox Class A | $25.41 | 28.04% | -17.20% |
| KR | Kroger Company | $32.31 | 27.95% | -14.57% |
| EXR | Extra Space Storage Inc | $82.29 | 26.32% | 8.71% |
| QVCA | Liberty Int Qvc Sr A | $21.39 | 25.28% | -28.82% |
| NVO | Novo Nordisk A/S | $47.13 | 20.38% | -18.28% |
| BMY | Bristol-Myers Squibb Company | $60.30 | 18.62% | -4.90% |
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