Aftermarket Stock Analysis for Nov 05, 2020

Happy Thursday, traders!

The market traded negative today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
PH $237.98 $239.56 $93.00 $30,651,348,040 2159613
QRVO $146.72 $152.37 $67.54 $16,760,705,920 2957117
COTY $3.35 $13.42 $2.65 $2,559,349,815 10992989
QCOM $145.44 $148.80 $58.00 $164,101,230,150 27757716
ALB $105.41 $106.33 $48.89 $11,211,196,780 3222406

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
HBI $13.33 $17.74 $6.96 $4,640,986,130 30337465
BIIB $329.07 $374.99 $243.25 $50,637,949,740 5054013
INCY $84.65 $110.37 $62.48 $18,512,870,350 3093357
PAYC $373.76 $399.75 $163.42 $21,877,549,369 847874
JKHY $153.52 $200.98 $123.64 $11,717,628,928 1136856

Volatility is at 21.98, compared to yesterday's value of 21.64, which means consumer sentiment is worsening 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
AIV $26.56 $55.68 $24.53 $3,953,880,960 1808081
KMB $134.21 $160.16 $110.66 $45,649,786,770 1958540
HBI $13.33 $17.74 $6.96 $4,640,986,130 30337465
NBL $8.46 $25.08 $2.73 $4,100,139,000 0
CME $150.41 $225.36 $131.80 $53,940,635,840 2021301

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
GRMN $113.29 $114.43 $61.04 $21,665,239,730 1716717
RMD $212.81 $215.64 $108.85 $30,839,361,150 561021
ALGN $491.65 $498.67 $127.88 $38,766,799,160 890977
TIF $131.18 $134.42 $103.89 $15,921,185,420 1000900
TPR $24.71 $30.40 $10.18 $6,855,298,410 6046583

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
CTAS $338.74 $358.69 $154.33 $35,440,672,500 393580
COP $30.12 $67.13 $20.84 $32,166,955,200 10292324
RL $69.96 $128.29 $59.82 $5,111,515,464 897527
HST $10.94 $18.90 $7.86 $7,712,050,905 9616998
NRG $32.12 $41.78 $19.54 $7,841,712,560 2537368

Have a great Thursday!