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One helpful way to gauge a company’s profitability growth is by looking at the ratio EBITDA/common equity over time. EBITDA, or earnings before interest, taxes, depreciation, and amortization, over common equity reflects the shareholder’s return on investment and it also allows for comparison between firms with different capital structures.

We ran a screen on technically oversold stocks (with RSI(14) below 40) for those that have seen strong growth in EBITDA/common equity, comparing the trailing-twelve-month ratio to the company’s five-year average. Because EBITDA does not include interest payments that can sometimes threaten profitability, we also screened for companies with increasing interest coverage over the last two years (where interest coverage is EBIT/interest expense).

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think these companies are being oversold? Use this list as a starting-off point for your own analysis.

List sorted by RSI(14).

1. Hewlett-Packard Company (NYSE:HPQ): Offers various products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), as well as to the government, health, and education sectors worldwide. Market cap of $46.98B. RSI(14) at 26.44. TTM EBITDA/common equity at 0.40 vs. its 5-year average at 0.30. TTM interest coverage at 32.47 vs. prior-TTM interest coverage at 20.35. Might be undervalued at current levels, with a PEG ratio at 0.67, and P/FCF ratio at 5.72. It's been a rough couple of days for the stock, losing 11.76% over the last week.

2. Eastman Chemical Co. (NYSE:EMN): Engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. Market cap of $5.09B. RSI(14) at 31.20. TTM EBITDA/common equity at 0.66 vs. its 5-year average at 0.48. TTM interest coverage at 12.19 vs. prior-TTM interest coverage at 6.78. The stock is currently stuck in a downtrend, trading 9.99% below its SMA20, 21% below its SMA50, and 23.15% below its SMA200. It's been a rough couple of days for the stock, losing 10.46% over the last week.

3. CSX Corp. (NYSE:CSX): Provides rail-based transportation services. Market cap of $21.45B. RSI(14) at 31.92. TTM EBITDA/common equity at 0.50 vs. its 5-year average at 0.40. TTM interest coverage at 6.13 vs. prior-TTM interest coverage at 4.71. The stock is currently stuck in a downtrend, trading 9% below its SMA20, 16.99% below its SMA50, and 18.84% below its SMA200. It's been a rough couple of days for the stock, losing 9.06% over the last week.

4. Brinker International Inc. (NYSE:EAT): Develops, operates, and franchises various restaurant brands primarily in the United States. Market cap of $1.65B. RSI(14) at 32.51. TTM EBITDA/common equity at 0.57 vs. its 5-year average at 0.45. TTM interest coverage at 7.26 vs. prior-TTM interest coverage at 5.42. The stock is a short squeeze candidate, with a short float at 13.26% (equivalent to 5.82 days of average volume). It's been a rough couple of days for the stock, losing 8.5% over the last week.

5. AMERIGROUP Corporation (AGP): Operates as a multi-state managed healthcare company. Market cap of $2.21B. RSI(14) at 33.27. TTM EBITDA/common equity at 0.43 vs. its 5-year average at 0.29. TTM interest coverage at 28.16 vs. prior-TTM interest coverage at 18.33. Might be undervalued at current levels, with a PEG ratio at 0.66, and P/FCF ratio at 5.95. It's been a rough couple of days for the stock, losing 9.57% over the last week.

6. Albemarle Corp. (NYSE:ALB): Develops, manufactures, and markets engineered specialty chemicals in the United States and internationally. Market cap of $4.21B. RSI(14) at 34.24. TTM EBITDA/common equity at 0.41 vs. its 5-year average at 0.32. TTM interest coverage at 16.12 vs. prior-TTM interest coverage at 12.81. The stock is currently stuck in a downtrend, trading 9.81% below its SMA20, 24.01% below its SMA50, and 24.72% below its SMA200. It's been a rough couple of days for the stock, losing 8.19% over the last week.

7. Salix Pharmaceuticals Ltd. (NASDAQ:SLXP): Develops, and commercializes prescription drugs for the treatment of gastrointestinal disorders in the United States. Market cap of $1.64B. RSI(14) at 34.39. TTM EBITDA/common equity at 0.22 vs. its 5-year average at 0.0. TTM interest coverage at 2.76 vs. prior-TTM interest coverage at -7.51. The stock is a short squeeze candidate, with a short float at 10.42% (equivalent to 7.16 days of average volume). It's been a rough couple of days for the stock, losing 5.35% over the last week.

8. Quicksilver Resources Inc. (NYSE:KWK): Engages in the exploration, development, and production of unconventional natural gas onshore in North America. Market cap of $1.48B. RSI(14) at 34.75. TTM EBITDA/common equity at 0.96 vs. its 5-year average at 0.30. TTM interest coverage at 3.05 vs. prior-TTM interest coverage at 2.49. The stock is currently stuck in a downtrend, trading 9.8% below its SMA20, 28.29% below its SMA50, and 39.16% below its SMA200. It's been a rough couple of days for the stock, losing 7.87% over the last week.

9. NetApp, Inc. (NASDAQ:NTAP): Engages in the design, manufacturing, marketing, and technical support of networked storage solutions. Market cap of $13.15B. RSI(14) at 34.83. TTM EBITDA/common equity at 0.30 vs. its 5-year average at 0.25. TTM interest coverage at 22.61 vs. prior-TTM interest coverage at 15.78. The stock is currently stuck in a downtrend, trading 6.44% below its SMA20, 20.07% below its SMA50, and 29.81% below its SMA200. The stock has performed poorly over the last month, losing 12.89%.

10. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Engages in the exploration, mining, and production of mineral resources. Market cap of $39.80B. RSI(14) at 34.86. TTM EBITDA/common equity at 0.98 vs. its 5-year average at 0.57. TTM interest coverage at 30.56 vs. prior-TTM interest coverage at 13.60. The stock is currently stuck in a downtrend, trading 7.26% below its SMA20, 15.98% below its SMA50, and 20.34% below its SMA200. It's been a rough couple of days for the stock, losing 9.62% over the last week.

11. Lamar Advertising Co. (NASDAQ:LAMR): Provides various outdoor advertising services. Market cap of $1.74B. RSI(14) at 35.46. TTM EBITDA/common equity at 0.57 vs. its 5-year average at 0.44. TTM interest coverage at 0.93 vs. prior-TTM interest coverage at 0.52. This is a risky stock that is significantly more volatile than the overall market (beta = 2.71). The stock is a short squeeze candidate, with a short float at 6.97% (equivalent to 5.88 days of average volume). It's been a rough couple of days for the stock, losing 10.45% over the last week.

12. Illumina Inc. (NASDAQ:ILMN): Develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. Market cap of $5.98B. RSI(14) at 35.72. TTM EBITDA/common equity at 0.29 vs. its 5-year average at 0.09. TTM interest coverage at 12.23 vs. prior-TTM interest coverage at 9.40. The stock is a short squeeze candidate, with a short float at 17.23% (equivalent to 9.72 days of average volume). The stock has gained 7.77% over the last year.

13. Live Nation Entertainment, Inc. (NYSE:LYV): Operates as a live entertainment company internationally. Market cap of $1.54B. RSI(14) at 35.76. TTM EBITDA/common equity at 0.30 vs. its 5-year average at 0.11. TTM interest coverage at -0.03 vs. prior-TTM interest coverage at -0.69. This is a risky stock that is significantly more volatile than the overall market (beta = 2.14). The stock is a short squeeze candidate, with a short float at 8.1% (equivalent to 6.98 days of average volume). It's been a rough couple of days for the stock, losing 11.06% over the last week.

14. TRW Automotive Holdings Corp. (NYSE:TRW): Designs, manufactures, and sells automotive systems, modules, and components for automotive original equipment manufacturers and related after-markets. Market cap of $4.65B. RSI(14) at 36.24. TTM EBITDA/common equity at 0.83 vs. its 5-year average at 0.50. TTM interest coverage at 11.97 vs. prior-TTM interest coverage at 6.26. This is a risky stock that is significantly more volatile than the overall market (beta = 3.45). It's been a rough couple of days for the stock, losing 8.31% over the last week.

15. CB Richard Ellis Group, Inc. (NYSE:CBG): Operates as a commercial real estate services company worldwide. Market cap of $4.57B. RSI(14) at 36.56. TTM EBITDA/common equity at 0.71 vs. its 5-year average at 0.41. TTM interest coverage at 4.30 vs. prior-TTM interest coverage at 1.59. This is a risky stock that is significantly more volatile than the overall market (beta = 2.53). It's been a rough couple of days for the stock, losing 5.77% over the last week.

16. Autoliv, Inc. (NYSE:ALV): Develops, manufactures, and supplies automotive safety systems to automotive industry. Market cap of $4.51B. RSI(14) at 36.62. TTM EBITDA/common equity at 0.40 vs. its 5-year average at 0.32. TTM interest coverage at 19.16 vs. prior-TTM interest coverage at 11.09. The stock is currently stuck in a downtrend, trading 7.63% below its SMA20, 19.73% below its SMA50, and 31.43% below its SMA200. It's been a rough couple of days for the stock, losing 8.14% over the last week.

17. The Cheesecake Factory Incorporated (NASDAQ:CAKE): Operates upscale, casual, and full-service dining restaurants in the United States. Market cap of $1.45B. RSI(14) at 36.71. TTM EBITDA/common equity at 0.36 vs. its 5-year average at 0.30. TTM interest coverage at 22.59 vs. prior-TTM interest coverage at 3.82. The stock is a short squeeze candidate, with a short float at 15.88% (equivalent to 6.48 days of average volume). It's been a rough couple of days for the stock, losing 5.33% over the last week.

18. Tenneco Inc. (NYSE:TEN): Engages in the design, manufacture, and sale of emission control and ride control products and systems for commercial and specialty vehicle applications. Market cap of $1.73B. RSI(14) at 36.74. TTM EBITDA/common equity at 20.67 vs. its 5-year average at 4.50. TTM interest coverage at 2.48 vs. prior-TTM interest coverage at 1.94. This is a risky stock that is significantly more volatile than the overall market (beta = 3.32). It's been a rough couple of days for the stock, losing 9.47% over the last week.

19. Marriott International, Inc. (NASDAQ:MAR): Operates and franchises hotels and related lodging facilities worldwide. Market cap of $9.20B. RSI(14) at 37.09. TTM EBITDA/common equity at 0.76 vs. its 5-year average at 0.49. TTM interest coverage at 4.33 vs. prior-TTM interest coverage at -0.21. The stock is currently stuck in a downtrend, trading 6.33% below its SMA20, 16.49% below its SMA50, and 28.04% below its SMA200. It's been a rough couple of days for the stock, losing 9.29% over the last week.

20. Mohawk Industries Inc. (NYSE:MHK): Engages in the production and sale of floor covering products for residential and commercial applications primarily in the United States and Europe. Market cap of $2.97B. RSI(14) at 37.45. TTM EBITDA/common equity at 0.19 vs. its 5-year average at 0.13. TTM interest coverage at 2.92 vs. prior-TTM interest coverage at 1.85. This is a risky stock that is significantly more volatile than the overall market (beta = 2.18). It's been a rough couple of days for the stock, losing 12.49% over the last week.

*EBITDA/common equity and interest coverage data sourced from Screener.co, all other data sourced from Finviz.

Source: 20 Oversold Stocks With Strong Profitability Growth