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The following is a list of oversold stocks, as defined by the Relative Strength, or RSI(14), indicator. All of the stocks mentioned below have RSI(14) levels below 40, which usually signals oversold conditions.

In addition, all of these stocks have low levels of risk, as defined by the RiskGrade ratings developed by the RiskMetrics Group. RiskGrades is calibrated to be more intuitive and easier to use than standard deviation or beta. According to the company, their rating system captures all the components of market risk: equity, interest rate, currency, and commodity risk.

The lower the RiskGrade rating, the lower the risk level of the stock. Campbell Soup (NYSE:CPB), as an example, has a RiskGrade rating of 70, which means that it is less risky than 91% of tickers on U.S. markets. Regal Beloit Corporation (NYSE:RBC), the last company in our list, has a RiskGrade rating of 166, which means that it is less risky than 68% of tickers listed in the U.S.

RSI(14) and short float data sourced from Finviz, RiskGrades sourced from RiskMetrics group.


(Click to enlarge)

The list has been sorted by the RiskGrades rating.

1. Campbell Soup Co. (CPB): Processed & Packaged Goods Industry. Market cap of $12.05B. RSI(14) at 39.47, with a RiskGrade rating at 70. Short float at 9.33%, which implies a short ratio of 6.69 days. The stock has gained 12.53% over the last year.

2. Colgate-Palmolive Co. (NYSE:CL): Personal Products Industry. Market cap of $35.84B. RSI(14) at 29.54, with a RiskGrade rating at 107. Short float at 1.46%, which implies a short ratio of 2.16 days. The stock has lost -2.87% over the last year.

3. WebMD Health Corp. (NASDAQ:WBMD): Internet Information Providers Industry. Market cap of $2.92B. RSI(14) at 33.77, with a RiskGrade rating at 120. Short float at 4.06%, which implies a short ratio of 9.07 days. The stock has gained 49.02% over the last year.

4. Fidelity National Financial, Inc. (NYSE:FNF): Surety & Title Insurance Industry. Market cap of $3.27B. RSI(14) at 38.62, with a RiskGrade rating at 130. Short float at 2.13%, which implies a short ratio of 2.96 days. The stock has lost -10.31% over the last year.

5. QLT Inc. (NASDAQ:QLTI): Biotechnology Industry. Market cap of $309M. RSI(14) at 39.08, with a RiskGrade rating at 130. Short float at 1.56%, which implies a short ratio of 5.36 days. The stock has gained 55.26% over the last year.

6. Dollar Thrifty Automotive Group Inc. (NYSE:DTG): Rental & Leasing Services Industry. Market cap of $1.38B. RSI(14) at 38.02, with a RiskGrade rating at 134. Short float at 8.75%, which implies a short ratio of 1.96 days. The stock has gained 92.67% over the last year.

7. Qiagen NV (NASDAQ:QGEN): Biotechnology Industry. Market cap of $3.96B. RSI(14) at 31.55, with a RiskGrade rating at 135. Short float at 4.22%, which implies a short ratio of 5.29 days. The stock has lost -18.45% over the last year.

8. Capitol Federal Financial (NASDAQ:CFFN): Savings & Loans Industry. Market cap of $1.77B. RSI(14) at 28.29, with a RiskGrade rating at 142. Short float at 16.25%, which implies a short ratio of 10.84 days. The stock has lost -20.99% over the last year.

9. Flagstone Reinsurance Holdings SA (FSR): Property & Casualty Insurance Industry. Market cap of $762.16M. RSI(14) at 39.16, with a RiskGrade rating at 145. Short float at 3.89%, which implies a short ratio of 12.06 days. The stock has lost -16.07% over the last year.

10. EPIQ Systems, Inc. (NASDAQ:EPIQ): Business Software & Services Industry. Market cap of $436.17M. RSI (14) at 32.94, with a RiskGrade rating at 148. Short float at 4.00%, which implies a short ratio of 7.53 days. The stock has lost -21.06% over the last year.

11. Immucor Inc. (NASDAQ:BLUD): Diagnostic Substances Industry. Market cap of $1.17B. RSI(14) at 31.36, with a RiskGrade rating at 150. Short float at 3.87%, which implies a short ratio of 6.4 days. The stock has lost -7.73% over the last year.

12. BJ's Wholesale Club Inc. (NYSE:BJ): Discount and Variety Stores Industry. Market cap of $2.25B. RSI(14) at 39.38, with a RiskGrade rating at 153. Short float at 3.39%, which implies a short ratio of 2.16 days. The stock has gained 11.36% over the last year.

13. FLIR Systems, Inc. (NASDAQ:FLIR): Aerospace/Defense Products & Services Industry. Market cap of $3.90B. RSI(14) at 29.42, with a RiskGrade rating at 155. Short float at 5.66%, which implies a short ratio of 4.41 days. The stock has lost -9.78% over the last year.

14. Regal Beloit Corporation (RBC): Industrial Electrical Equipment Industry. Market cap of $2.14B. RSI(14) at 33.34, with a RiskGrade rating at 166. Short float at 4.68%, which implies a short ratio of 4.54 days. The stock has gained 24.03% over the last year.

Disclosure: No positions

Source: 14 Low Risk, Oversold Stocks