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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 here have RSI(14) readings below 40, which indicates oversold conditions.

We narrowed down the universe by only focusing on stocks that have the following characteristics:

  • Trailing twelve month (TTM) Return on Assets (ROA), Return on Equity (ROE) and Return on Investment (ROI) above 5.0%
  • To control for quality, we only focused on stocks with market caps north of $300M
  • All stocks have current ratios above 1.5, and quick ratios above 1.0

There are probably several falling knives here, and we're not going to go into detailed analysis for each company. The goal here is to give you a starting point for your own analysis.

ROE, ROA, ROI and RSI(14) data sourced from Finviz. Full analysis below.

The list has been sorted by the RSI(14) indicator.

1. 99 Cents Only Stores (NYSE:NDN): Discount And Variety Stores. Market cap of $1.08B. RSI(14) at 26.52. TTM ROA at 9.39%, ROE at 11.71%, and ROI at 11.42%. Current ratio at 3.17, and quick ratio at 1.82. The stock has gained 10.86% over the last year.

2. FLIR Systems, Inc. (NASDAQ:FLIR): Aerospace/Defense Products & Services. Market cap of $3.89B. RSI(14) at 30.34. TTM ROA at 16.29%, ROE at 20.04%, and ROI at 18.58%. Current ratio at 4.51, and quick ratio at 3.29. The stock has lost -10.9% over the last year.

3. Immucor Inc. (NASDAQ:BLUD): Diagnostic Substances. Market cap of $1.16B. RSI(14) at 31. TTM ROA at 16.17%, ROE at 18.69%, and ROI at 18.08%. Current ratio at 6.82, and quick ratio at 6.13. The stock has lost -10.17% over the last year.

4. Cal-Maine Foods, Inc. (NASDAQ:CALM): Farm Products. Market cap of $637.75M. RSI(14) at 33.67. TTM ROA at 12.71%, ROE at 21.52%, and ROI at 15.56%. Current ratio at 3.35, and quick ratio at 2.38. The stock has gained 8.83% over the last year.

5. AZZ incorporated (NYSE:AZZ): Industrial Electrical Equipment. Market cap of $477.24M. RSI(14) at 34.69. TTM ROA at 8.08%, ROE at 14.45%, and ROI at 9.26%. Current ratio at 3.08, and quick ratio at 2.01. The stock has lost -0.29% over the last year.

6. ICON plc (NASDAQ:ICLR): Medical Laboratories & Research. Market cap of $1.27B. RSI(14) at 34.73. TTM ROA at 11.23%, ROE at 18.06%, and ROI at 16.56%. Current ratio at 2.13, and quick ratio at 2.13. The stock has lost -3.95% over the last year.

7. Himax Technologies, Inc. (NASDAQ:HIMX): Semiconductor Industry. Market cap of $408.87M. RSI(14) at 35.15. TTM ROA at 6.22%, ROE at 10.05%, and ROI at 9.07%. Current ratio at 2.34, and quick ratio at 1.96. The stock has lost -20.14% over the last year.

8. Sanderson Farms, Inc. (NASDAQ:SAFM): Meat Products Industry. Market cap of $898.68M. RSI(14) at 35.51. TTM ROA at 14.33%, ROE at 20.09%, and ROI at 16.63%. Current ratio at 3.45, and quick ratio at 1.96. The stock has gained 6.38% over the last year.

9. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS): REIT. Market cap of $646.64M. RSI(14) at 36.64. TTM ROA at 30.94%, ROE at 37.05%, and ROI at 37.23%. Current ratio at 2.12, and quick ratio at 2.12. The stock has gained 77.0% over the last year.

10. Satyam Computer Services Ltd. (SAY): Information Technology Services. Market cap of $2.6B. RSI(14) at 36.85. TTM ROA at 22.01%, ROE at 27.71%, and ROI at 26.84%. Current ratio at 3.83, and quick ratio at 3.83. The stock has lost -39.5% over the last year.

11. PetMed Express Inc. (NASDAQ:PETS): Drug Delivery Industry. Market cap of $369.24M. RSI(14) at 36.94. TTM ROA at 23.26%, ROE at 27.07%, and ROI at 26.89%. Current ratio at 7.92, and quick ratio at 6.64. The stock has lost -14.03% over the last year.

12. Regal Beloit Corporation (NYSE:RBC): Industrial Electrical Equipment. Market cap of $2.13B. RSI(14) at 37.24. TTM ROA at 6.89%, ROE at 12.63%, and ROI at 8.28%. Current ratio at 2.78, and quick ratio at 1.98. The stock has gained 18.44% over the last year.

13. New Oriental Education & Technology Group (NYSE:EDU): Education & Training Services. Market cap of $3.41B. RSI(14) at 37.34. TTM ROA at 14.55%, ROE at 19.98%, and ROI at 19.91%. Current ratio at 2.75, and quick ratio at 2.65. The stock has gained 7.00% over the last year.

14. Akamai Technologies Inc. (NASDAQ:AKAM): Internet Information Provider. Market cap of $8.34B. RSI(14) at 38. TTM ROA at 7.24%, ROE at 8.31%, and ROI at 7.78%. Current ratio at 3.89, and quick ratio at 3.89. The stock has gained 126.93% over the last year.

15. Compania Cervecerias Unidas S.A. (NYSE:CCU): Brewers Industry. Market cap of $3.51B. RSI(14) at 38.56. TTM ROA at 10.65%, ROE at 21.18%, and ROI at 14.16%. Current ratio at 2.02, and quick ratio at 2.02. The stock has gained 59.8% over the last year.

Disclosure: No positions

Source: 15 Oversold Stocks With Good Liquidity