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||Viacom Inc Cl B||$35.13||34.54%||-18.55%|
|NASDAQ||Walgreens Boots Alliance||$81.25||34.26%||7.44%|
|NASDAQ||21st Centry Fox Class A||$27.03||34.19%||-5.30%|
|NYSE||Tiffany & Co||$86.18||33.98%||41.15%|
|NYSE||Plains All American Pipeline LP||$26.92||33.77%||30.75%|
|NYSE||Cimarex Energy Co||$110.95||33.61%||-5.62%|
|NYSE||Valero Energy Corp||$62.45||33.54%||19.28%|
|NYSE||Devon Energy Corp||$35.82||33.53%||0.35%|
|NASDAQ||Cisco Systems Inc.||$31.50||33.35%||12.74%|
|NYSE||Hormel Foods Corp||$33.12||33.29%||-3.09%|
|NYSE||Marathon Oil Corp||$13.52||33.16%||6.19%|
|NYSE||Anadarko Petroleum Corp||$51.84||32.26%||0.93%|
|NYSE||General Electric Company||$27.45||31.42%||-6.03%|
|NYSE||Teva Pharmaceutical Industries Ltd||$28.50||31.04%||-43.65%|
|NYSE||Noble Energy Inc.||$29.45||29.23%||-16.98%|
|NASDAQ||Alexion Pharm Inc.||$97.70||21.80%||-35.05%|
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