This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Oversold and Unloved Can Spell Trading Profits

NEW YORK ( TheStreet) -- Finding bargains, the diamonds in the rough, is rarely an easy task. The old mantra of Wall Street is "buy low and sell high" but many investors find their results appear closer to "buy high and sell low."

I don't recall when I heard it first, but the quote "buy high and sell even higher" is what most investors should strive for. Value buying is more difficult because as any value buyer who has invested for a long time knows, it's a fine line between buying value and becoming a bag holder.

I am here to help you separate the values from the bags. My favorite filtering tool is DeMark indicators. I don't make trading decisions from DeMark indicators directly, but my own modifications of several market timing tools heavily influence me.

My last oversold article was Five Oversold Stocks: One Is a Strong Buy, One Is a Lotto Ticket . Let's take a look and examine the results. I will use the closing prices on the date of publication and Monday to calculate the return (with the exception of RadioShack).

Polycom (PLCM) + 8.3%

PMC-Sierra (PMCS) + 5.6%

RadioShack (RSH) + 15.3%

DuPont (DD) + 6.1%

Seagate (STX) + 25.4%

RadioShack's cost basis is calculated differently because I provided entry instructions to wait on buying until the criteria were met.

Overall, the market based on the Spider S&P 500 (SPY) is up 2.7%.

Examine the stocks I am reviewing now and see if any make sense for your portfolio and investment objectives.

NAV Revenue Quarterly Chart
NAV Revenue Quarterly
data by YCharts

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,048.96 -22.26 -0.13%
S&P 500 1,970.35 -7.45 -0.38%
NASDAQ 4,491.2560 -14.5960 -0.32%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs