Today Wall Street celebrates an abrupt end to the declines across all markets. Mainly this was due to the increase in exports that were reported, however many commentators had stating it was due a bounce at some point. With that bounce in mind let’s take some time to review a few of our favorite big fish and their statistics.

Caterpillar Inc (NYSE:CAT) declined 1.84 percent in its last trading session to close at $98.04. Caterpillar traded with volume of 9.76 million stocks as compared to its average volume of 7.74 million stocks on daily basis. The stock price moved 9.02 percent below its 50 days simple moving average, moreover relative strength index of 33.33 times also indicate that the stock price is trading at its oversold level.

Looking at it fundamentally the stock price is trading at a price to earnings of 17.44 times while its earnings per share stand at $5.62 as per its last financial statements.

Alcoa Inc (NYSE:AA) remained under selling pressure and dropped 1.78 percent to close at $15.41 in yesterday’s session. The stock price traded volume of 21.04 million stocks as compared to its average traded volume of 25.37 million stocks per day. The stock price moved 8.84 percent below its 50 days simple moving average while relative strength index of 32.56 times also indicates its oversold level. Alcoa seems to be very attractive at these price levels and has considerable margin for capital gains.

American Express Company (NYSE:AXP) plunged 1.62 percent to close at $48.10 in its last trading session with traded volume of 7.85 million stocks. Its average traded volume stands at 6.83 million. The stock price is trading near is oversold level as per its relative strength index of 38.30 times and has considerable margin for capital gains. AXP’s price to earnings ratio stood at 13.40 times which also depicts that the stock is at its attractive level fundamentally.

Neil Kokemuller

LiveCharts.co.uk

Neil Kokemuller is an Associate Professor of Marketing at Des Moines Area Community College in Des Moines, Iowa, USA. He has a MBA from Iowa State University. He is also in house stock market commentator at Live Charts UK, where you can find real time charts and share prices .

Please note: The information provided in this article is intended for informational and entertainment purposes, and not as advice for financial decisions or investments. Actions taken on the basis of the information shared is at the sole risk and discretion of the individual. Currency investment poses significant risk of loss.

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