Aftermarket Stock Analysis for Nov 03, 2020

Happy Tuesday, traders!

The market traded negative today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
IR $38.74 $38.99 $17.01 $16,156,865,660 3649894
ZBRA $319.46 $322.90 $150.06 $17,039,932,508 571486
JWN $13.36 $43.37 $11.72 $2,099,524,000 11213084
IT $141.06 $165.27 $76.91 $12,587,150,556 1110936
ANET $249.45 $267.30 $156.63 $18,964,585,920 3824702

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
AIV $26.96 $55.68 $24.53 $4,013,427,360 3442976
MOS $17.20 $22.50 $6.50 $6,518,452,550 14465750
LEG $41.50 $55.42 $22.03 $5,494,309,500 2427478
PYPL $180.09 $215.83 $82.07 $211,293,730,500 31156944
CF $27.01 $48.88 $19.73 $5,776,898,800 3086159

Volatility is at 24.51, compared to yesterday's value of 25.14, which means consumer sentiment is improving but you should still remain cautious as volatility levels are still quite high compared to historical rates of lower volatility. Selling options might be a good choice now with volatility still being high.

If you are looking to swoop in on a great deal - check out these over sold stocks:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
AON $180.05 $238.19 $143.93 $41,708,582,500 2249037
WLTW $180.49 $220.97 $143.34 $23,266,063,450 1341177
AIV $26.96 $55.68 $24.53 $4,013,427,360 3442976
AKAM $95.72 $120.00 $75.18 $15,574,122,600 1453935
CTL $11.00 $15.30 $8.16 $12,072,940,000 0

Volatility is still quite high so it be better to buy the stock rather than call options.

On the flip side, for the more risk taking investor, these stocks here are overbought:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
ALGN $464.82 $475.37 $127.88 $36,651,242,928 782058
ADP $166.60 $182.32 $103.11 $71,521,380,000 2134265
PWR $67.32 $68.27 $23.77 $9,346,910,760 2116417
TIF $130.93 $134.42 $103.89 $15,890,843,170 1777082
TPR $24.08 $30.40 $10.18 $6,679,165,920 6332067

You can make the case to short the stock or sell weeklies call options for a potential quick profit.

Our best value stocks for the day (stocks you should buy and hold for 1 year) based on our special variant of the magic formula:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
CARR $36.95 $37.01 $11.50 $32,024,084,650 6400881
DD $59.67 $73.49 $28.33 $43,788,829,500 3094635
NWS $13.38 $15.70 $7.88 $7,901,960,400 483704
RTX $57.04 $93.45 $40.71 $86,627,788,800 7710339
SBAC $291.08 $328.37 $205.20 $32,583,204,120 1102250

Have a great Tuesday!