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||Annaly Capital Management Inc||$11.17||34.28%||10.14%|
|NYSE||Ford Motor Company||$12.02||33.82%||-2.91%|
|NYSE||American Water Works||$82.96||33.77%||15.40%|
|NASDAQ||Dentsply Sirona Inc||$60.80||33.37%||10.61%|
|NYSE||Pacific Gas & Electric Co||$43.94||29.24%||-27.66%|
|NYSE||Wisconsin Energy Corp||$63.01||28.81%||7.88%|
|NYSE||Cms Energy Corp||$44.16||27.99%||4.06%|
|NYSE||American Electric Power Company||$68.13||27.90%||7.71%|
|NYSE||General Electric Company||$16.17||27.44%||-46.74%|
|NASDAQ||XCEL Energy Inc||$45.23||26.79%||9.89%|
|NYSE||Dte Energy Company||$103.36||25.45%||4.83%|
|NYSE||Consolidated Edison Company of New York||$78.53||24.91%||7.10%|
|NYSE||Duke Energy Corp||$76.95||12.69%||-0.66%|
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