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||Yum China Holdings Inc||$40.44||34.83%||52.20%|
|NYSE||Noble Energy Inc||$26.28||34.57%||-29.07%|
|NASDAQ||CBOE Global Markets Inc||$111.45||34.50%||37.69%|
|NYSE||Deutsche Bank Ag||$16.08||34.38%||-17.16%|
|NASDAQ||Ulta Salon Cosmetic||$203.15||34.29%||-26.17%|
|NYSE||Manulife Financial Corp||$19.85||33.93%||4.75%|
|NYSE||Cabot Oil & Gas Corp||$23.89||33.69%||3.38%|
|NYSE||Occidental Petroleum Corp||$68.16||32.74%||2.85%|
|NYSE||Baker Hughes A Ge Co. Cl. A||$26.53||30.40%||-56.34%|
|NYSE||Devon Energy Corp||$34.11||29.26%||-22.78%|
|NYSE||Exxon Mobil Corp||$76.54||28.55%||-6.38%|
|NYSE||Bt Group Plc||$16.19||28.03%||-18.36%|
|NASDAQ||Kraft Heinz Co||$70.80||25.74%||-26.75%|
|NYSE||United Parcel Service||$106.40||24.62%||-0.47%|
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