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Friday, July 29, 2011

Oversold Stocks: (DRIV), (BABY), (EW), (WM), (CLWR)

On July 29, these stocks were spotted as oversold: Digital River Inc, Natus Medical Inc, Edwards Lifesciences Corp, Waste Management, Inc, and Clearwire Corporation. 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 Digital River Inc (DRIV) fell by 17.80% or $-5.38/share to $24.84. In the past year, the shares have traded as low as $25.74 and as high as $39.85. On average, 409320 shares of DRIV exchange hands on a given day and today's volume is recorded at 2259835.

Shares of Natus Medical Inc (BABY) fell by 0.09% or $-0.01/share to $11.43. In the past year, the shares have traded as low as $11.00 and as high as $17.50. On average, 283660 shares of BABY exchange hands on a given day and today's volume is recorded at 399129.

Shares of Edwards Lifesciences Corp (EW) fell by 0.91% or $-0.66/share to $71.8. In the past year, the shares have traded as low as $53.10 and as high as $91.82. On average, 955360 shares of EW exchange hands on a given day and today's volume is recorded at 548249.

Shares of Waste Management, Inc (WM) fell by 2.75% or $-0.90/share to $31.78. In the past year, the shares have traded as low as $31.40 and as high as $39.34. On average, 3121470 shares of WM exchange hands on a given day and today's volume is recorded at 5983217.

Shares of Clearwire Corporation (CLWR) fell by 2.33% or $-0.05/share to $2.1. In the past year, the shares have traded as low as $1.98 and as high as $8.82. On average, 5681980 shares of CLWR exchange hands on a given day and today's volume is recorded at 6975911.