This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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

7 Oversold Stocks Ready to Bounce, 2 to Avoid

Stocks in this article: FB EA HK TTWO PLCM TC BBG DECK DV

NEW YORK ( TheStreet) -- Knowing when to pull the trigger on a falling stock is not for the faint of heart. There is a valid reason why Wall Street insiders call value investing "catching a falling knife."

One person's losing trade is another's bargain buy, if you know when it's the right time to strike. We may not be able to predict the future, but we can predict the odds of a stock bottom based on previous charting patterns.

As long as a company is profitable, at some point a dropping stock price will collide with value buyers and investors no longer willing to give up their shares. When sellers run out of a desire to liquidate their shares, is when we see the price stabilize.

On July 27 I wrote this article describing over sold stocks at that time. Let's take a look to see how they performed. I will use the closing price on July 27 as the starting price, and closing on Monday as the change reference point. All returns are rounded down.

TRW Automotive (TRW) + 22.4%
Tiffany (TIF) + 1.5%
Tyson Foods (TSN) +3.9%
Kroger (KR) +2.6%
Las Vegas Sands (LVS) +7%
Boston Scientific (BSX) +5.5%
Safeway (SWY) +5.2%
Arch Coal (ACI) +6.1%
Dell (DELL) +2.5%
Hewlett-Packard (HPQ) +5.6%

I don't always get it right 10 out of 10, but I hope you will follow this list of stocks below and see what the future holds for them.

1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

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