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Monday, June 4, 2012

Time To Buy These Oversold Stocks?: (BAX), (SKYW), (BRS), (CELL), (FSL)

On June 4, these stocks were spotted as oversold: Baxter International Inc, SkyWest Inc, Bristow Group, Inc, Brightpoint Inc, and Freescale Semiconductor Holdings I, Ltd. 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 Baxter International Inc (BAX) fell by 0.52% or $-0.26/share to $49.91. In the past year, the shares have traded as low as $47.10 and as high as $61.37. On average, 2789600 shares of BAX exchange hands on a given day and today's volume is recorded at 1112584.

Shares of SkyWest Inc (SKYW) fell by 2.84% or $-0.19/share to $6.51. In the past year, the shares have traded as low as $6.68 and as high as $15.36. On average, 414710 shares of SKYW exchange hands on a given day and today's volume is recorded at 269570.

Shares of Bristow Group, Inc (BRS) fell by 1.96% or $-0.78/share to $39.1. In the past year, the shares have traded as low as $37.41 and as high as $52.10. On average, 288120 shares of BRS exchange hands on a given day and today's volume is recorded at 236062.

Shares of Brightpoint Inc (CELL) fell by 1.31% or $-0.06/share to $4.53. In the past year, the shares have traded as low as $4.59 and as high as $12.05. On average, 617540 shares of CELL exchange hands on a given day and today's volume is recorded at 252506.

Shares of Freescale Semiconductor Holdings I, Ltd (FSL) fell by 1.26% or $-0.11/share to $8.63. In the past year, the shares have traded as low as $8.65 and as high as $20.97. On average, 886910 shares of FSL exchange hands on a given day and today's volume is recorded at 381962.