S&P 500 Most Overbought Stocks: Motorola Tops the List

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Includes: AEP, AIQUF, AYE, AZO, BF.B, BHGE, BIIB, CF, CTL, DF, DPS, ES, GOOG, GPC, GS, HAL, LLTC, PM, RAI, SO, SPY
by: Bespoke Investment Group

Yes Motorola! In our regular updates of the most overbought and oversold stocks in the S&P 500, it was surprising to see that seemingly ne'er-do-well Motorola (MOT) tops the list.

With the stock currently trading more than three standard deviations above its 50-day moving average, MOT is by far the most overbought stock in the S&P 500, and one of only two Technology sector stocks to make the list of the top twenty. Motorola leading the market higher? It's been a while since anyone has said that.

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