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Wednesday, May 2, 2012

These Stocks Are Oversold: (MDRX), (CELL), (COP), (PBY), (PAM)

On May 2, these stocks were spotted as oversold: Allscripts Healthcare Solutions, Inc, Brightpoint Inc, ConocoPhillips, Pep Boys - Manny, Moe & Jack, and Pampa Energia SA. 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 Allscripts Healthcare Solutions, Inc (MDRX) fell by 1.10% or $-0.12/share to $10.81. In the past year, the shares have traded as low as $8.99 and as high as $21.92. On average, 5072880 shares of MDRX exchange hands on a given day and today's volume is recorded at 5467226.

Shares of Brightpoint Inc (CELL) remained unchanged at $5.88. In the past year, the shares have traded as low as $5.88 and as high as $12.05. On average, 701860 shares of CELL exchange hands on a given day and today's volume is recorded at 392021.

Shares of ConocoPhillips (COP) fell by 3.11% or $-1.76/share to $54.75. In the past year, the shares have traded as low as $55.46 and as high as $78.29. On average, 9305070 shares of COP exchange hands on a given day and today's volume is recorded at 8186814.

Shares of Pep Boys - Manny, Moe & Jack (PBY) fell by 1.81% or $-0.21/share to $11.41. In the past year, the shares have traded as low as $8.14 and as high as $15.46. On average, 1042270 shares of PBY exchange hands on a given day and today's volume is recorded at 2122956.

Shares of Pampa Energia SA (PAM) fell by 5.96% or $-0.40/share to $6.31. In the past year, the shares have traded as low as $6.51 and as high as $16.02. On average, 87250 shares of PAM exchange hands on a given day and today's volume is recorded at 105956.