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||CME Group Inc||$117.50||34.48%||25.29%|
|NYSE||Goldman Sachs Group||$228.96||34.35%||45.72%|
|NYSE||General Motors Company||$34.17||33.53%||21.44%|
|NYSE||Campbell Soup Company||$56.89||33.00%||-10.23%|
|NYSE||Deutsche Bank Ag||$16.70||32.95%||0.53%|
|NASDAQ||Mylan Nv Ord Shs||$39.01||31.34%||-17.92%|
|NYSE||Banco Santander Brasil Sa||$8.86||30.86%||90.27%|
|NYSE||Ford Motor Company||$11.44||28.50%||-6.59%|
|NYSE||L Brands Inc||$45.80||27.64%||-44.56%|
|NYSE||Palo Alto Networks Inc||$111.02||26.90%||-30.06%|
|NYSE||J.M. Smucker Company||$131.08||25.01%||1.02%|
|NYSE||Advance Auto Parts Inc||$145.50||24.82%||-7.44%|
|NYSE||Hewlett Packard Enterprise Comp||$17.57||20.28%||30.21%|
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