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Monday, June 4, 2012

These Stocks Are Oversold: (LUFK), (ARUN), (ANF), (CACI), (ETN)

On June 4, these stocks were spotted as oversold: Lufkin Industries Inc, Aruba Networks, Inc, Abercrombie & Fitch Co, CACI International Inc, and Eaton Corporation. 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 Lufkin Industries Inc (LUFK) fell by 1.52% or $-0.82/share to $53.1. In the past year, the shares have traded as low as $41.87 and as high as $90.12. On average, 396320 shares of LUFK exchange hands on a given day and today's volume is recorded at 580744.

Shares of Aruba Networks, Inc (ARUN) fell by 3.02% or $-0.39/share to $12.54. In the past year, the shares have traded as low as $12.70 and as high as $31.37. On average, 3289630 shares of ARUN exchange hands on a given day and today's volume is recorded at 1381803.

Shares of Abercrombie & Fitch Co (ANF) fell by 2.08% or $-0.67/share to $31.47. In the past year, the shares have traded as low as $31.82 and as high as $77.06. On average, 2867520 shares of ANF exchange hands on a given day and today's volume is recorded at 1583697.

Shares of CACI International Inc (CACI) fell by 0.79% or $-0.33/share to $41.37. In the past year, the shares have traded as low as $41.68 and as high as $66.49. On average, 498860 shares of CACI exchange hands on a given day and today's volume is recorded at 255996.

Shares of Eaton Corporation (ETN) fell by 4.82% or $-1.94/share to $38.3. In the past year, the shares have traded as low as $32.33 and as high as $52.63. On average, 3996470 shares of ETN exchange hands on a given day and today's volume is recorded at 4794782.