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Wednesday, May 30, 2012

Time To Buy These Oversold Stocks?: (DELL), (SPH), (CELL), (SLCA), (MINI)

On May 30, these stocks were spotted as oversold: Dell Inc, Suburban Propane Partners LP, Brightpoint Inc, U.S. Silica Holdings, Inc, and Mobile Mini, 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 Dell Inc (DELL) fell by 1.11% or $-0.14/share to $12.52. In the past year, the shares have traded as low as $12.31 and as high as $18.36. On average, 17602620 shares of DELL exchange hands on a given day and today's volume is recorded at 7254315.

Shares of Suburban Propane Partners LP (SPH) fell by 2.74% or $-1.05/share to $37.23. In the past year, the shares have traded as low as $37.57 and as high as $49.50. On average, 106830 shares of SPH exchange hands on a given day and today's volume is recorded at 68805.

Shares of Brightpoint Inc (CELL) fell by 2.59% or $-0.13/share to $4.88. In the past year, the shares have traded as low as $4.91 and as high as $12.05. On average, 627400 shares of CELL exchange hands on a given day and today's volume is recorded at 114227.

Shares of U.S. Silica Holdings, Inc (SLCA) fell by 6.17% or $-0.74/share to $11.25. In the past year, the shares have traded as low as $11.20 and as high as $22.14. On average, 413100 shares of SLCA exchange hands on a given day and today's volume is recorded at 134132.

Shares of Mobile Mini, Inc (MINI) fell by 2.23% or $-0.31/share to $13.57. In the past year, the shares have traded as low as $13.36 and as high as $23.08. On average, 213390 shares of MINI exchange hands on a given day and today's volume is recorded at 163640.