The stock markets around the globe had a volatile month (30 trading days). S&P 500 lost 10.74% during this time frame. The stock prices of a lot of securities have plummeted. Some of the stocks are anticipated to turnaround in the near future. Investors typically look for beaten down stocks that show volume support at the lower price levels. Over the last month, Stookle.com algorithms detected the decreasing trends in price and increasing trend in volumes for the following securities.
Agilent Technologies (NYSE:A): Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions to the communications, electronics, life sciences, and chemical analysis industries. Agilent is trading at 11.37 times forward earnings and has a Return of Equity (ROE) of 27%. Agilent has a book value of $11.36 and is expected to grow earnings at an average of 23% over the next 5 years. The stock is currently trading at $37.14, falling $4.31 or 10.4% this year. Agilent is expected to report its third quarter earnings today, after the market closes.
Genworth Financial Inc. (NYSE:GNW): Genworth Financial, Inc. is a financial security company. They provide insurance, wealth management, investment, and financial solutions. GNW is trading at 4.69 times the forward earnings and has a book value of $28.49. GNW has a ROE of 0.34% and is expected to grow its earnings at an average of 5% over the next five years. The stock is currently trading at $6.71, falling $6.44 or 49% this year.
JDS Uniphase Corp (JDSU): JDS Uniphase Corporation is a provider of communications test and measurement solutions and optical products for telecommunications, wireless, cable operators and network equipment manufacturers. JDSU is trading at 11.05 times forward earnings multiples. The company has a book value of $4.57 and is expected to grow earnings at 14% over the next 5 years. JDSU has a ROE of 6.56% and Return on Invested capital (ROIC) of 5.12%. The stock is currently trading at $12.28, falling $2.22 or 15% this year.
Penny J.C. Inc. (NYSE:JCP): JC Penny is a retailer. Its business consists of selling merchandise and services to consumers through its department stores and through its website jcp.com. JCP is trading at 11.45 times forward earnings and is expected to grow earnings at 15.4% over the next 5 years. JCP is trading near its book value of $22.0 and has a ROE of 7.94% and ROA of 4.47%. The stock is currently trading at $27.13, falling $5.28 or 16.34% this year.
WellPoint Inc. (WLP): WellPoint, Inc., through its subsidiaries, operates as a health benefits company. It offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. WLP is trading at 8.05 times forward earnings and is expected to grow earnings at 9.73% over the next 5 years. WLP is trading below its book value of $66.76 and has a ROE of 12.16% and ROA of 5.88%. The stock is trading at $61.95, raising $5.17 or 9.1% this year.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Website disclaimer: Algorithm Cabinet LLC and/or STOOKLE, is not a registered investment advisor and does not provide investment advice. The information contained in this website/blog is for general information purposes only.