6 Most Oversold Tech Stocks With High Trading Betas
Contextuall | Nov 23, 2012 02:27AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: -1.79%
Average 1-Month Return: -23.16%
Average 1-Year Return: -46.64%
1. Advanced Micro Devices, Inc. (AMD). Operates as a semiconductor company in the United States, Japan, China, and Europe. Beta at 2.21. RSI(14) at 28.49.
2. Baidu, Inc. (BIDU). Provides Internet search services. Beta at 1.82. RSI(14) at 27.71.
3. GT Advanced Technologies Inc. (GTAT). Provides polysilicon production technology and multicrystalline ingot growth systems, and related photovoltaic (PV) manufacturing services for the solar industry worldwide. Beta at 1.75. RSI(14) at 21.61.
4. Level 3 Communications Inc. (LVLT). Engages in the communications business in North America and Europe. Beta at 1.63. RSI(14) at 24.27.
5. NII Holdings Inc. (NIHD). Provides wireless communication services to businesses and individuals primarily in Mexico, Brazil, Argentina, Peru, and Chile. Beta at 1.82. RSI(14) at 25.11.
6. Sonus Networks, Inc. (SONS). Provides voice and data infrastructure solutions for wireline and wireless telephone service providers. Beta at 1.78. RSI(14) at 22.5.
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