Dear readers, let us take a look at four oversold stocks on NYSE and NASDAQ which are oversold. To be specific, four large-cap NYSE and NASDAQ stocks, each with a market capitalisation of more than USD $10 billion in market capitalisation. With each of these stocks having a RSI of below 30.
These four oversold NYSE and NASDAQ stocks are:
1) BP stock (BP)
2) GSX Techedu Inc stock (GSX)
3) Kimberly-Clark Corporation stock (KMB)
4) Vertex Pharmaceuticals Incorporated (VRTX)
Are these oversold NYSE NASDAQ stocks attractive? Or will they head lower with the volatilities in the lead-up to the US Presidential Election? Unless you have a very thorough and detailed understanding of what you are investing in, what you are risking and how long you intend to hold your investment, I would think it is better to stay off the stocks markets for now.
And be prepared for the next stocks markets corrections ahead!
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