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|
|BMY||Bristol-Myers Squibb Company||$58.76||26.89%||-3.05%|
|DG||Dollar General Corp||$77.49||24.72%||3.54%|
|DLTR||Dollar Tree Inc||$85.53||20.36%||11.47%|
|DVA||Davita Healthcare Partners Inc||$64.41||24.65%||-15.57%|
|FOX||21St Centry Fox Class B||$25.05||26.16%||-10.79%|
|STJ||St. Jude Medical||$78.25||25.31%||7.75%|
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