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Tuesday, May 15, 2012

Selling Overdone In These Names: (WFR), (MPC), (PSSI), (HBM), (BLKB)

On May 15, these stocks were spotted as oversold: MEMC Electronic Materials Inc, Marathon Petroleum Corporation, PSS World Medical Inc, HudBay Minerals, Inc, and Blackbaud 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 MEMC Electronic Materials Inc (WFR) traded higher by 1.32% or $0.03/share to $2.3. In the past year, the shares have traded as low as $2.13 and as high as $11.08. On average, 7156750 shares of WFR exchange hands on a given day and today's volume is recorded at 4550740.

Shares of Marathon Petroleum Corporation (MPC) fell by 0.64% or $-0.23/share to $35.59. In the past year, the shares have traded as low as $25.85 and as high as $46.28. On average, 3458020 shares of MPC exchange hands on a given day and today's volume is recorded at 1579924.

Shares of PSS World Medical Inc (PSSI) traded higher by 0.15% or $0.03/share to $19.47. In the past year, the shares have traded as low as $18.51 and as high as $29.47. On average, 573090 shares of PSSI exchange hands on a given day and today's volume is recorded at 469069.

Shares of HudBay Minerals, Inc (HBM) fell by 3.73% or $-0.32/share to $8.25. In the past year, the shares have traded as low as $8.55 and as high as $15.71. On average, 34590 shares of HBM exchange hands on a given day and today's volume is recorded at 11453.

Shares of Blackbaud Inc (BLKB) fell by 0.07% or $-0.02/share to $26.88. In the past year, the shares have traded as low as $20.64 and as high as $34.00. On average, 211680 shares of BLKB exchange hands on a given day and today's volume is recorded at 109134.