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Thursday, July 19, 2012

Stocks That Have Gotten Oversold: (EDU), (ROVI), (SAFM), (TSN), (XRS)

On July 19, these stocks were spotted as oversold: New Oriental Education & Technology Group, Rovi Corporation, Sanderson Farms, Inc, Tyson Foods Inc, and TAL Education Group. 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 New Oriental Education & Technology Group (EDU) traded higher by 17.68% or $1.68/share to $11.18. In the past year, the shares have traded as low as $9.49 and as high as $34.77. On average, 2213760 shares of EDU exchange hands on a given day and today's volume is recorded at 43740663.

Shares of Rovi Corporation (ROVI) traded higher by 14.39% or $1.44/share to $11.45. In the past year, the shares have traded as low as $9.91 and as high as $58.75. On average, 1672250 shares of ROVI exchange hands on a given day and today's volume is recorded at 8182822.

Shares of Sanderson Farms, Inc (SAFM) traded higher by 1.18% or $0.45/share to $38.54. In the past year, the shares have traded as low as $37.45 and as high as $55.87. On average, 295280 shares of SAFM exchange hands on a given day and today's volume is recorded at 368868.

Shares of Tyson Foods Inc (TSN) fell by 1.66% or $-0.26/share to $15.41. In the past year, the shares have traded as low as $15.22 and as high as $20.97. On average, 4589730 shares of TSN exchange hands on a given day and today's volume is recorded at 3834036.

Shares of TAL Education Group (XRS) fell by 14.87% or $-1.31/share to $7.5. In the past year, the shares have traded as low as $8.41 and as high as $13.75. On average, 31840 shares of XRS exchange hands on a given day and today's volume is recorded at 781371.