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 (%)|
|NYSE||American International Group||$60.70||33.97%||1.40%|
|NASDAQ||Viacom Inc Cl B||$28.52||33.47%||-28.52%|
|NYSE||Deutsche Bank Ag||$16.06||32.63%||7.79%|
|NYSE||United Continental Holdings||$62.43||32.59%||22.20%|
|NASDAQ||Mondelez Intl Cmn A||$40.88||32.18%||-7.49%|
|NYSE||Wells Fargo & Company||$50.97||31.48%||0.83%|
|NYSE||Deere & Company||$116.14||30.95%||38.18%|
|NYSE||UBS Ag Ordinary Shares When Iss||$16.42||30.88%||11.62%|
|NYSE||Hormel Foods Corp||$30.92||28.66%||-19.60%|
|NASDAQ||Kraft Heinz Co||$80.85||26.28%||-9.78%|
|NYSE||The Travelers Companies Inc||$119.90||25.44%||0.89%|
|NYSE||Omnicom Group Inc||$71.94||25.13%||-17.02%|
|NYSE||XL Company Switzerland Gmbh||$40.62||24.30%||16.89%|
|NYSE||Hewlett Packard Enterprise Comp||$14.31||20.68%||-35.57%|
|NYSE||Teva Pharmaceutical Industries Ltd||$15.90||19.34%||-68.96%|
|NYSE||J.M. Smucker Company||$104.84||18.22%||-25.89%|
|NYSE||Campbell Soup Company||$45.40||13.21%||-21.36%|
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