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||Newell Rubbermaid Inc||$29.79||34.76%||-41.46%|
|NYSE||Pacific Gas & Electric Co||$54.19||34.47%||-8.82%|
|NYSE||Energy Transfer Partners||$16.04||33.77%||-31.20%|
|NYSE||Brf-Brasil Foods S.A.||$12.33||33.62%||-18.52%|
|NASDAQ||Gilead Sciences Inc||$71.70||32.81%||-3.95%|
|NASDAQ||Electronic Arts Inc||$106.99||32.51%||36.34%|
|NYSE||Plains All American Pipeline LP||$18.67||31.77%||-39.20%|
|NYSE||Archer Daniels Midland Company||$39.07||31.33%||-10.13%|
|NYSE||Merck & Company||$54.55||29.02%||-12.63%|
|NYSE||Altice USA Inc. Class A||$18.79||28.85%||-41.30%|
|NYSE||General Electric Company||$18.12||27.75%||-42.14%|
|NASDAQ||Alexion Pharm Inc||$107.75||25.18%||-8.60%|
|NYSE||American International Group||$58.76||24.60%||-8.40%|
|NYSE||Grupo Televisa S.A.||$18.07||13.34%||-10.50%|
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