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Tuesday, August 9, 2011

Selling Overdone In These Names: (MYGN), (VICR), (HNT), (ACM), (RLJ)

On August 9, these stocks were spotted as oversold: Myriad Genetics Inc, Vicor Corp, Health Net Inc, AECOM Technology Corporation, and RLJ Lodging Trust Common Shares. 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 Myriad Genetics Inc (MYGN) traded higher by 5.03% or $0.90/share to $18.81. In the past year, the shares have traded as low as $14.69 and as high as $25.89. On average, 989560 shares of MYGN exchange hands on a given day and today's volume is recorded at 835172.

Shares of Vicor Corp (VICR) traded higher by 2.24% or $0.23/share to $10.49. In the past year, the shares have traded as low as $10.01 and as high as $19.27. On average, 91910 shares of VICR exchange hands on a given day and today's volume is recorded at 135024.

Shares of Health Net Inc (HNT) traded higher by 3.65% or $0.77/share to $21.84. In the past year, the shares have traded as low as $21.03 and as high as $34.03. On average, 903700 shares of HNT exchange hands on a given day and today's volume is recorded at 1129187.

Shares of AECOM Technology Corporation (ACM) traded higher by 1.88% or $0.34/share to $18.43. In the past year, the shares have traded as low as $18.00 and as high as $29.98. On average, 764970 shares of ACM exchange hands on a given day and today's volume is recorded at 1519402.

Shares of RLJ Lodging Trust Common Shares (RLJ) traded higher by 2.51% or $0.33/share to $13.47. In the past year, the shares have traded as low as $13.08 and as high as $18.30. On average, 459950 shares of RLJ exchange hands on a given day and today's volume is recorded at 109851.