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Monday, November 14, 2011

Stocks That Have Gotten Oversold: (DMND), (ITT)

On November 14, these stocks were spotted as oversold: Diamond Foods, Inc, and ITT 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 Diamond Foods, Inc (DMND) fell by 1.03% or $-0.37/share to $35.43. In the past year, the shares have traded as low as $35.61 and as high as $96.07. On average, 939170 shares of DMND exchange hands on a given day and today's volume is recorded at 987253.

Shares of ITT Corporation (ITT) remained unchanged at $19.88. In the past year, the shares have traded as low as $16.60 and as high as $125.58. On average, 1471630 shares of ITT exchange hands on a given day and today's volume is recorded at 920773.