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  • 13 Extremely Oversold Consumer Stocks [View article]
    You're taking quite a chance buying these issues. The Consumer Discretionary SPYDR (XLY) is at its 90-day moving average, while the issues you suggest are about three standard deviations below that. The stocks you mentioned are among the riskiest available. CHS has an implied volatility of 49, and MW has an implied volatility of 42. By contrast, XLY carries an implied volatility of 22. These are the worst stocks in a bad group, abd they deserve thier status. Don't buy them.
    Oct 17 11:07 am |Rating: 0 0 |Link to Comment
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