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Wednesday, June 8, 2011

Selling Overdone In These Names: (JOE), (DQ), (PSS), (PRGS), (AFL)

On June 8, these stocks were spotted as oversold: The St. Joe Company, Daqo New Energy Corp, Collective Brands, Inc, Progress Software Corp, and AFLAC Inc. The price of these stocks have fallen sharply to level below their true value. This is interpreted as a sign that the stocks are undervalued and may represent a buying opportunity for investors.

Shares of The St. Joe Company (JOE) fell by 1.21% or $-0.24/share to $19.53. In the past year, the shares have traded as low as $17.04 and as high as $30.34. On average, 602450 shares of JOE exchange hands on a given day and today's volume is recorded at 145518.

Shares of Daqo New Energy Corp (DQ) fell by 2.21% or $-0.19/share to $8.41. In the past year, the shares have traded as low as $8.47 and as high as $15.43. On average, 237070 shares of DQ exchange hands on a given day and today's volume is recorded at 72732.

Shares of Collective Brands, Inc (PSS) fell by 2.18% or $-0.30/share to $13.49. In the past year, the shares have traded as low as $12.41 and as high as $23.96. On average, 1256280 shares of PSS exchange hands on a given day and today's volume is recorded at 600253.

Shares of Progress Software Corp (PRGS) traded higher by 0.44% or $0.10/share to $22.88. In the past year, the shares have traded as low as $17.64 and as high as $31.47. On average, 386940 shares of PRGS exchange hands on a given day and today's volume is recorded at 300178.

Shares of AFLAC Inc (AFL) fell by 0.59% or $-0.27/share to $45.21. In the past year, the shares have traded as low as $39.03 and as high as $59.21. On average, 4525240 shares of AFL exchange hands on a given day and today's volume is recorded at 2021294.