Aftermarket Stock Analysis for Jun 08, 2021

Happy Tuesday, traders!

The market traded flat today.

The biggest winners of the day being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
LUMN $15.23 $16.00 $8.20 $16,833,909,954 12527351
ALB $176.01 $187.87 $71.73 $20,544,208,594 819682
XRX $24.82 $26.68 $14.01 $4,764,133,053 2530644
NWS $25.27 $26.21 $11.19 $15,534,447,075 886148
NRG $36.05 $43.68 $27.48 $8,823,380,366 4389240

and the worst performing stocks being:

Ticker Price 52 Week High 52 Week Low Market Cap Volume
MU $80.55 $96.96 $42.25 $90,330,023,439 29608529
CMS $60.33 $67.01 $52.82 $17,463,095,255 11047144
DISCA $30.05 $78.14 $19.07 $14,821,520,642 12144326
DISCK $28.23 $66.70 $17.21 $14,825,683,974 7143916
DISH $43.59 $47.05 $24.51 $22,928,034,521 4059477

Volatility is at 33.14, compared to yesterday's value of 32.61, 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
DISCA $30.05 $78.14 $19.07 $14,821,520,642 12144326
HOLX $60.51 $85.00 $49.19 $15,503,379,299 1680077
FISV $109.84 $127.34 $92.15 $73,237,948,919 4822982
DISCK $28.23 $66.70 $17.21 $14,825,683,974 7143916
ABT $107.90 $128.07 $84.89 $191,718,893,969 8172923

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
CCI $196.28 $199.00 $144.90 $84,830,183,717 1625590
EQIX $816.95 $829.87 $584.38 $73,181,856,307 621478
NLOK $28.27 $28.48 $17.79 $16,395,043,510 4631324
LLY $220.70 $233.33 $127.45 $211,656,915,932 4606275
BIIB $395.95 $468.55 $223.25 $59,612,153,263 12200341

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
PNR $69.51 $70.76 $35.09 $11,552,679,611 664476
VRSN $218.78 $226.18 $184.60 $24,638,178,845 422283
ICE $111.08 $121.97 $89.23 $62,512,020,065 2520514
TDY $422.63 $457.79 $289.19 $15,665,886,550 285138
ADBE $509.23 $536.88 $387.37 $243,411,940,000 1747196

Have a great Tuesday!