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||Campbell Soup Company||$45.51||34.92%||-26.26%|
|NYSE||Hormel Foods Corp||$34.55||34.87%||-2.76%|
|NYSE||Centerpoint Energy Inc||$27.37||33.58%||7.67%|
|NYSE||Annaly Capital Management Inc||$11.30||33.52%||11.33%|
|NYSE||Digital Realty Trust||$105.78||30.55%||3.41%|
|NYSE||Crown Castle International Corp||$103.57||29.68%||20.88%|
|NYSE||Iron Mountain Inc||$36.22||29.67%||8.44%|
|NYSE||Realty Income Corp||$52.72||29.33%||-10.75%|
|NYSE||Wisconsin Energy Corp||$63.63||29.04%||8.32%|
|NYSE||American Tower Corp||$133.00||28.83%||28.56%|
|NYSE||Pacific Gas & Electric Co||$43.82||25.16%||-27.67%|
|NYSE||Dte Energy Company||$103.92||24.63%||5.72%|
|NYSE||Consolidated Edison Company of New York||$79.49||24.24%||8.00%|
|NYSE||American Water Works||$80.83||21.60%||14.13%|
|NYSE||Cms Energy Corp||$44.01||21.22%||4.94%|
|NASDAQ||XCEL Energy Inc||$45.15||19.81%||11.07%|
|NYSE||American Electric Power Company||$67.46||17.89%||6.69%|
|NYSE||Duke Energy Corp||$78.90||14.84%||2.19%|
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