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Monday, May 7, 2012

Time To Buy These Oversold Stocks?: (SYX), (HLF), (CTSH), (MDRX), (PBH)

On May 7, these stocks were spotted as oversold: Systemax Inc, Herbalife Ltd, Cognizant Technology Solutions Corporation, Allscripts Healthcare Solutions, Inc, and Prestige Brands Holdings, 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 Systemax Inc (SYX) fell by 0.21% or $-0.03/share to $13.97. In the past year, the shares have traded as low as $10.88 and as high as $20.92. On average, 46990 shares of SYX exchange hands on a given day and today's volume is recorded at 24089.

Shares of Herbalife Ltd (HLF) fell by 0.98% or $-0.46/share to $46.48. In the past year, the shares have traded as low as $45.55 and as high as $73.00. On average, 2751100 shares of HLF exchange hands on a given day and today's volume is recorded at 4078063.

Shares of Cognizant Technology Solutions Corporation (CTSH) fell by 16.41% or $-11.43/share to $58.23. In the past year, the shares have traded as low as $53.54 and as high as $78.75. On average, 2152800 shares of CTSH exchange hands on a given day and today's volume is recorded at 25717860.

Shares of Allscripts Healthcare Solutions, Inc (MDRX) traded higher by 0.28% or $0.03/share to $10.6. In the past year, the shares have traded as low as $8.99 and as high as $21.69. On average, 5500910 shares of MDRX exchange hands on a given day and today's volume is recorded at 4001560.

Shares of Prestige Brands Holdings, Inc (PBH) traded higher by 0.19% or $0.03/share to $13.51. In the past year, the shares have traded as low as $8.15 and as high as $17.87. On average, 707440 shares of PBH exchange hands on a given day and today's volume is recorded at 435921.