8 Oversold, Undervalued Stocks With Good Corporate Governance
By Kapitall:One important consideration for stocks is the corporate governance policies of the company, such as its board composition and shareholder rights, which have important implications to the company’s performance. RiskMetrics Group gives ratings for four areas of corporate governance, on risks related to the board, the audit committee, the compensation committee, and shareholder rights. We ran a screen on technically oversold stocks (with RSI(14) below 40) that appear undervalued to earnings growth (with PEG below 1) for those that received “low risk” ratings on all four corporate governance areas covered by RiskMetrics.Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.Your browser does not support iframes. We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index overComplete Story »
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