Aftermarket Stock Analysis for Nov 06, 2020

Happy Friday, traders!

The market traded flat today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
ALB $112.28 $113.33 $48.89 $11,952,991,960 2597496
MTD $1177.20 $1228.41 $579.40 $28,219,014,360 229800
NWSA $15.17 $15.91 $7.90 $8,959,098,600 2874733
NWS $15.14 $15.72 $7.88 $8,941,381,200 819583
COTY $4.08 $13.42 $2.65 $3,125,543,795 49927640

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
FLS $28.65 $51.25 $18.98 $3,729,084,000 2004848
DXC $18.11 $38.37 $7.90 $4,604,742,425 4823862
NLOK $20.39 $28.70 $15.12 $12,053,506,185 12268660
EA $119.13 $147.36 $85.69 $34,404,386,610 12140646
VIAC $29.35 $43.04 $10.10 $18,080,697,690 26826767

Volatility is at 20.52, compared to yesterday's value of 21.8, 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
AIV $25.86 $55.68 $24.53 $3,849,674,760 1756661
HBI $12.85 $17.74 $6.96 $4,473,868,850 14415504
NBL $8.46 $25.08 $2.73 $4,100,139,000 0
CME $150.65 $225.36 $131.80 $54,081,391,550 1566656
KMB $136.16 $160.16 $110.66 $46,313,053,920 1678889

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
MTD $1177.20 $1228.41 $579.40 $28,219,014,360 229800
GRMN $115.17 $116.29 $61.04 $22,024,765,290 1009437
TMO $527.66 $532.57 $250.21 $209,130,126,100 1358123
TIF $131.16 $134.42 $103.89 $15,918,758,040 926823
RMD $214.19 $216.06 $108.85 $31,039,343,850 549425

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
CINF $74.22 $115.53 $46.07 $11,941,775,340 428608
CSCO $37.53 $50.28 $32.40 $158,414,880,600 19396321
DD $59.63 $73.45 $28.33 $43,759,475,500 3809087
FRT $68.96 $135.49 $64.11 $5,267,400,436 1070573
NWSA $15.17 $15.91 $7.90 $8,959,098,600 2874733

Have a great Friday!