Oversold High Yields With Growing Earning Per Share Researched By "long-term-investments.blogspot.com". Stocks with a massive amount of sellers could fall very deep in a short period of time. Sometimes, the market overreacts and companies are traded at prices at very low levels.
Stocks with a massive amount of sellers could fall very deep in a short period of time. Sometimes, the market overreacts and companies are traded at very low prices.
I screened the capital market by high-yields with positive earnings per share growth and signals to be oversold. A good indicator to measure the degree of oversold is the relative strength index (RSI). The RSI ranges from 0 to 100. An asset is deemed to be overbought once the RSI approaches the 70. If the RSI approaches 30, it is an indication that the asset may be getting oversold and therefore likely to become undervalued.
I listed all stocks with a RSI of less than 40. In order to exclude the risks of low capitalized companies, I decided to screen only such stocks with a market capitalization above USD 300 million. Seventeen companies remained of which seven have a double-digit yield and six a buy or better recommendation.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 27.30 and forward P/E ratio is 12.73. The dividend yield has a value of 10.18 percent. Price to book ratio is 2.58 and price to sales ratio 2.29. The operating margin amounts to 16.95 percent and the beta ratio is 0.96. The average stock has a RSI of 34.28.
Related stock ticker symbols:
TEU, OIBR, BGCP, CWH, RNDY, SDT, STON, NTLS, SPH, CMRE, CMLP, ETP, BPL, GFIG, SNH, STRA, LTC