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 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||Name||Price||14-Day RSI||1-Year Return|
|GGP||General Growth Properties||$29.23||34.36%||7.42%|
|VZ||Verizon Communications Inc||$52.55||34.16%||13.99%|
|MJN||Mead Johnson Nutrition Company||$85.20||33.55%||8.51%|
|CCI||Crown Castle International Corp||$93.71||33.48%||13.35%|
|NVO||Novo Nordisk A/S||$47.49||32.67%||-13.61%|
|FOXA||21St Centry Fox Class A||$25.12||32.02%||-10.09%|
|FOX||21St Centry Fox Class B||$25.71||31.66%||-7.92%|
|JNJ||Johnson & Johnson||$119.13||31.09%||24.67%|
|ADS||Alliance Data Systems Corp||$200.54||30.27%||-22.64%|
|BMY||Bristol-Myers Squibb Company||$59.26||25.28%||-2.96%|
|DVA||Davita Healthcare Partners Inc||$65.17||20.86%||-14.24%|
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