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||$56.00||28.35%||-5.44%|
|HSY||Hershey Foods Corp||$97.48||27.97%||6.87%|
|MNST||Monster Beverage Cp||$148.30||26.04%||11.70%|
|HST||Host Marriott Financial Trust||$16.10||24.83%||-9.24%|
|DG||Dollar General Corp||$71.30||23.42%||1.34%|
|DLTR||Dollar Tree Inc||$82.38||23.08%||23.95%|
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