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Wednesday, January 4, 2012

Selling Overdone In These Names: (SHLD), (HGIC)

On January 4, these stocks were spotted as oversold: Sears Holdings Corporation, and Harleysville Group 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 Sears Holdings Corporation (SHLD) fell by 0.06% or $-0.02/share to $31.41. In the past year, the shares have traded as low as $31.25 and as high as $94.78. On average, 1054060 shares of SHLD exchange hands on a given day and today's volume is recorded at 939309.

Shares of Harleysville Group Inc (HGIC) fell by 0.48% or $-0.27/share to $56.5. In the past year, the shares have traded as low as $24.75 and as high as $59.76. On average, 166910 shares of HGIC exchange hands on a given day and today's volume is recorded at 70981.