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 (%) |
|---|---|---|---|---|---|
AEE | NYSE | Ameren Corp | $58.99 | 34.98% | 12.45% |
ADSK | NASDAQ | Autodesk Inc | $104.83 | 34.11% | 41.64% |
GE | NYSE | General Electric Company | $17.45 | 33.75% | -44.78% |
EQR | NYSE | Equity Residential | $63.77 | 33.71% | -0.92% |
MET | NYSE | Metlife Inc | $50.56 | 33.46% | 5.08% |
HCN | NYSE | Welltower Inc | $63.77 | 33.23% | -4.72% |
XEL | NYSE | XCEL Energy Inc | $48.11 | 32.91% | 18.21% |
KMX | NYSE | Carmax Inc | $64.13 | 32.71% | -0.40% |
VTR | NYSE | Ventas Inc | $60.01 | 32.04% | -4.01% |
FE | NYSE | Firstenergy Corp | $30.62 | 30.67% | -1.13% |
BSX | NYSE | Boston Scientific Corp | $24.79 | 30.62% | 14.61% |
IQV | NYSE | Iqvia Holdings Inc. | $97.90 | 30.07% | 28.73% |
DUK | NYSE | Duke Energy Corp | $84.11 | 29.87% | 8.36% |
EIX | NYSE | Edison International | $63.24 | 28.97% | -12.15% |
SO | NYSE | Southern Company | $48.09 | 28.83% | -2.24% |
SRE | NYSE | Sempra Energy | $106.92 | 26.03% | 6.24% |
PCG | NYSE | Pacific Gas & Electric Co | $44.83 | 16.70% | -26.23% |
PPL | NYSE | PPL Corp | $30.95 | 16.36% | -9.10% |
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