10 Best Cheap Stocks To Own Right Now

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool’s free investing community, Japanese wireless carrier NTT Docomo (NYSE: DCM  ) has earned a coveted five-star ranking.

With that in mind, let’s take a closer look at Docomo and see what CAPS investors are saying about the stock right now.

Docomo facts

 

 

Headquarters (founded)

Tokyo, Japan (1991)

Market Cap

$66.6 billion

Industry

Wireless telecommunication services

Trailing-12-Month Revenue

10 Best Cheap Stocks To Own Right Now: Capstone Turbine Corporation(CPST)

Capstone Turbine Corporation develops, manufactures, markets, and services turbine generator sets and related parts for use in stationary distributed power generation applications. Its stationary distributed power generation applications include cogeneration combined heat and power (CHP), integrated (CHP), resource recovery, and secure power, as well as combined cooling, heat, and power; and its products are used as battery charging generators for hybrid electric vehicle applications. The company primarily offers microturbine units, subassemblies, and components. It also provides various accessories, including rotary gas compressors with digital controls, heat recovery modules for CHP applications, dual mode controllers that allow automatic transition between grid connect and stand-alone modes, batteries with digital controls for stand-alone/dual-mode operations, power servers for multipacked installations, and protocol converters for Internet access, as well as frames, ex haust ducting, and installation hardware. Further, it remanufactures microturbine engines; and provides after-market parts and services, scheduled and unscheduled maintenance, and factory and on-site training services. The company?s microturbines can be fueled by various sources, including natural gas, propane, sour gas, landfill or digester gas, kerosene, diesel, and biodiesel. It primarily sells its products directly to end users, as well as through distributors in North America, Asia, Australia, Europe, the Russian Federation, and South America. Capstone Turbine Corporation was founded in 1988 and is based in Chatsworth, California.

Advisors’ Opinion:

  • [By Monica Gerson]

    Capstone Turbine (NASDAQ: CPST) soared 14.29% to $2.24 in the pre-market trading after surging 7.10% on Monday.

    Ballard Power Systems (NASDAQ: BLDP) shares jumped 10.17% to $7.58 in pre-market trading after jumping 30.30% on Monday.

  • [By Dan Caplinger]

    Capstone Turbine (NASDAQ: CPST  ) will release its quarterly report on Monday, and investors have been increasingly optimistic about the microturbine maker’s immediate prospects. Yet, even though the company’s stock rose recently to its best levels in almost three years, Capstone still has to demonstrate that its niche offerings give it a viable market that is too insignificant for larger rivals General Electric (NYSE: GE  ) and Caterpillar (NYSE: CAT  ) to go after.

  • [By Selena Maranjian]

    Fisher reduced its stake in lots of companies, including Capstone Turbine (NASDAQ: CPST  ) and Nokia (NYSE: NOK  ) . Capstone is a smallish company, making low-emission microturbines used in power generation. Its top line has been growing by double digits over the past few years, and it’s poised to profit from huge interest in shale oil, but it remains in the red. Still, it has recently announced a bunch of promising deals and some think the many folks short the stock will end up burned.

10 Best Cheap Stocks To Own Right Now: Rent-A-Center Inc.(RCII)

Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis. The company?s stores offer durable products, such as consumer electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period. It also provides merchandise on an installment sales basis in its stores. As of December 31, 2010, the company operated 3,008 company-owned stores in the United States, and in Canada, Puerto Rico, and Mexico, including 42 retail installment sales stores under the names ?Get It Now? and ?Home Choice?; and 18 rent-to-own stores located in Canada under the ?Rent-A-Centre? name. It also operates 209 franchised rent-to-own stores in 32 states under the ColorTyme trade name; and 384 kiosk locations under the ?RAC Acceptance? model. In addition, the company, th rough its ColorTyme?s franchised stores, offers custom rims and tires for sale or rental under the trade names ?RimTyme? or ?ColorTyme Custom Wheels?. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

Advisors’ Opinion:

  • [By Jake L’Ecuyer]

    Equities Trading DOWN
    Shares of Rent-A-Center (NASDAQ: RCII) were down 21.51 percent to $24.51 on Q4 results.

    Apple (NASDAQ: AAPL) shares tumbled 7.80 percent to $507.55 after the company issued weak sales forecast for the second quarter and reported downbeat holiday iPhone sales.

  • [By Marc Bastow]

    Rent-to-own consumer products company Rent-A-Center (RCII) raised its quarterly dividend 10% to 23 cents per share, payable on Jan. 23 to shareholders of record as of Jan. 3.
    RCII Dividend Yield: 2.77%

10 Best Cheap Stocks To Own Right Now: Express-1 Expedited Solutions Inc.(XPO)

XPO Logistics, Inc. provides third-party logistics services using a network of relationships with ground, sea, and air carriers in the United States, Mexico, and Canada. It operates in three segments: Express-1, Concert Group Logistics, and Bounce Logistics. The Express-1 segment offers ground expedited surface transportation services for freight. It operates a fleet ranging from cargo vans to semi tractor trailer units. The Concert Group Logistics segment provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services, as well as cost sensitive services comprising deferred delivery, less than truckload, and full truck load services; and international freight forwarding services consist of on-board courier and air charters, time sensitive services, less-than-container and full-container-loads, and vessel charters. This segm ent also offers documentation on international shipments, customs clearance and banking, trade show shipment management, time definite and customized product distributions, reverse logistics and on site asset recovery projects, installation coordination, freight optimization, and diversity compliance support services. The Bounce Logistics segment provides premium freight brokerage services for truckload shipments. The company serves approximately 4,000 retail, commercial, manufacturing, and industrial customers through 6 U.S. operations centers and 22 agent locations. It offers its services to the automotive manufacturing, automotive components and supplies, commercial printing, durable goods manufacturing, pharmaceuticals, food and consumer products, and high tech sectors. The company was formerly known as Express-1 Expedited Solutions, Inc. and changed its name to XPO Logistics, Inc. in September 2011. XPO Logistics, Inc. was founded in 1989 and is based in Buchanan, Mich i gan.

Advisors’ Opinion:

  • [By Jake L’Ecuyer]

    XPO Logistics (NYSE: XPO) shot up 7.06 percent to $30.01 after the company announced its plans to acquire Pacer International (NASDAQ: PACR) in a deal valued at $335 million.

  • [By Travis Hoium]

    What: Shares of XPO Logistics (NYSE: XPO  ) jumped 13% today after announcing an acquisition.

    So what: The company will pay $365 million for logistics provider 3PD, consisting of $357 million in cash an $8 million in XPO restricted stock. Is will use its own cash and borrow $195 million from Credit Suisse Group for the remainder of the purchase.  

10 Best Cheap Stocks To Own Right Now: Sirius XM Radio Inc.(SIRI)

Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. It broadcasts a programming lineup of approximately 135 channels of commercial-free music, sports, news and information, talk and entertainment, traffic, and weather on subscription fee basis through two satellite radio systems in the United States; and holds an interest in the satellite radio services offered in Canada. The company also simulcasts music and selected non-music channels over the Internet; and offers applications to allow consumers to access its Internet services on mobile devices. As of December 31, 2010, it had 20,190,964 subscribers. In addition, the company designs, establishes specifications, sources or specifies parts and components, and manages various aspects of the logistics and production of satellite radios; licenses its technology to various electronics manufacturers to develop, manufacture, and distribute radios under various brands; and imports radios distri buted through its Websites. The company?s satellite radios are primarily distributed through automakers, retailers, and its Websites. Further, it provides music services for commercial establishments; a satellite television service to offer music channels as part of certain programming packages on the DISH Network satellite television service; music and comedy channels to mobile phone users through mobile phone carriers; Backseat TV, a service offering television content designed primarily for children in the backseat of vehicles; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and real-time traffic and weather services. The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.

Advisors’ Opinion:

  • [By Rick Aristotle Munarriz]

    Netflix/Kevin E. Bell Kevin Spacey in “House of Cards.” Now that Amazon (AMZN) is making its Prime service more expensive, it probably won’t be long before Netflix (NFLX) follows. Both Internet darlings announced during their most recent earnings conference calls that they were exploring rate increases to help offset rising expenses. “It’s not clear that one price fits all,” CEO Reed Hastings said back in January during Netflix’s earnings call. “We’re trying to figure out some models of good, better, best price tiering that makes sense and provide some flexibility for our customers, at least for our new customers. Our existing customers of course we would grandfather very generously.” The comments followed a letter to shareholders that offered similar comments about protecting existing subscribers as it offers what would be pricier options for new members. However, Hastings and CFO David Wells write “we are in no rush to implement such new member plans and are still researching the best way to proceed.” That’s fair, but now that we’ve seen Sirius XM Radio (SIRI) introduce its second price hike in three years back in January and Amazon go through with a 25 percent increase to its Amazon Prime loyalty shopping membership plan, waiting may not be in Netflix’s best interest. Netflix Will Still Be a Deal The market knows that Netflix is testing new price points, and sometimes it’s better just to rip off the Band-Aid in one swift tug. The video buffs who subscribe may not like the move, but shareholders will love it. An increase that protects existing Netflix members should help retain existing users, but it would also encourage studios to offer newer movies and even more original TV shows like the acclaimed “House of Cards” since the smorgasbord would no longer be cheapening their content at $7.99 a month. Amazon, the leading online retailer, also telegraphed an increase during January’s earnings call: “With the increased cost of fuel and transportation as wel

  • [By Jake L’Ecuyer]

    Liberty Media (NASDAQ: LMCA) was also up, gaining 7.06 percent to $135.04 after the company dropped its bid to buy SiriusXM (NASDAQ: SIRI). The company will reclassify common stock to create two groups.

  • [By Paul Ausick]

    The most heavily traded Nasdaq stock today is Sirius XM Holdings Inc. (NASDAQ: SIRI). Shares are up 2.37% at $3.44 in a 52-week range of $2.95 to $4.18. Liberty Media’s acquisition of the 48% of Sirius that Liberty does not already own was canceled this morning when Liberty announced that it would initiate a new tracking stock scheme. Sirius XM’s share volume was more than 4-times the daily average of around 67 million shares traded.

10 Best Cheap Stocks To Own Right Now: International Business Machines Corporation(IBM)

International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is base d in Armonk, New York.

Advisors’ Opinion:

  • [By Paul Ausick]

    Every one of the 30 Dow stocks is trading higher about half an hour before Monday’s closing gell. International Business Machines Corp. (NYSE: IBM) has posted the largest gain today, up 1.82% at $185.55 in a 52-week range of $172.19 to $215.82 just ahead of the closing bell. Volume is on track to be about 20% below the daily average of some 5 million shares traded. IBM’s share price is second-highest among the Dow stocks.

  • [By Jon C. Ogg]

    Before thinking that these five are the biggest drags on the DJIA for 2014, other DJIA stocks have been dead weight for a bit longer then 2014. Shares of Cisco Systems Inc. (NASDAQ: CSCO) are down some 18% from their 52-week high, and International Business Machines Corp. (NYSE: IBM) are down some 14% from their 52-week high. Their problems began in 2014, so they are not on the year-to-date loser list of the DJIA stocks.

10 Best Cheap Stocks To Own Right Now: Popular Inc.(BPOP)

Popular, Inc., through its subsidiaries, provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States. It offers deposit products; commercial, consumer, and mortgage loans, as well as lease finance; and finance and advisory services. The company also offers trust and asset management, brokerage and investment banking, and insurance and reinsurance services. As of December 31, 2010, it owned and occupied approximately 94 branch premises and other facilities in Puerto Rico; and 119 offices, including 20 owned and 99 leased in New York, Illinois, New Jersey, California, Florida, and Texas. Popular, Inc. was founded in 1917 and is headquartered in San Juan, Puerto Rico.

Advisors’ Opinion:

  • [By Paul Ausick]

    Among multinationals, Sterne Agee recommends three banks. The first is Puerto Rico’s Popular Inc. (NASDAQ: BPOP). The mid-cap bank’s stock closed at $28.21 on Friday in a 52-week range of $20.31 to $34.34. Based on Sterne Agee’s 2014 price target of $40.00, Popular has an upside potential of nearly 42% and a 2014 EPS estimate of $2.90. The investment firm’s forward multiple is just 9.6, below the Thomson Reuters consensus multiple of 10.3. Popular received TARP funds in 2009 and could repay the loan in the first quarter of next year, which will give the stock a shot in the arm as well.

  • [By Jake L’Ecuyer]

    Popular (NASDAQ: BPOP) shares tumbled 5.54 percent to $27.48 after Morgan Stanley downgraded the stock from Equal-weight to Underweight.

    Pacific Coast Oil Trust (NYSE: ROYT) down, falling 7.13 percent to $16.70 after the company priced a public offering by Pacific Coast Energy Company LP and other selling unitholders of 13,500,000 trust units at a price of $17.10 per unit.

10 Best Cheap Stocks To Own Right Now: MEDIWARE Information Systems Inc.(MEDW)

Mediware Information Systems, Inc., together with its subsidiaries, engages in the design, development, and marketing of software solutions targeting specific processes within healthcare institutions. The company offers software systems consisting of company’s proprietary application software, and third-party licensed software and hardware. It licenses, implements, and supports clinical and performance management, blood donor, and blood and biologic management products in the United States; and medication management solutions in the United States, the United Kingdom, Ireland, and South Africa. The company?s blood and biologics management solutions include HCLL Transfusion and HCLL Donor, which address blood donor recruitment, blood processing, and transfusion activities for hospitals and medical centers; BloodSafe suite of hardware and software that enable healthcare facilities to store, monitor, distribute, and track blood products; LifeTrak software for blood centers; a nd BiologiCare, a bone, tissue, and cellular product tracking software. Its medication management products comprise WORx, a pharmacy information system to manage inpatient and outpatient pharmacy operations; MediCOE, a physician order entry module; MediMAR, a nurse point-of-care administration and bedside documentation module; MediREC, which assists in achieving compliance with a Joint Commission mandate; and pharmacy management and electronic prescribing systems. The company?s performance management products include InSight software that tracks performance metrics to assist healthcare managers to manage performance. It also provides software installation and maintenance services, as well as billing and collection services to home infusion and home/durable medical equipment markets. The company markets its products primarily through its direct sales force. Mediware Information Systems, Inc. was founded in 1970 and is headquartered in Lenexa, Kansas.

Advisors’ Opinion:

  • [By CRWE]

    Mediware Information Systems, Inc. (Nasdaq:MEDW) plans to acquire the assets of Indianapolis-based Strategic Healthcare Group LLC (SHG), a leading provider of blood management consulting, education and informatics solutions.

10 Best Cheap Stocks To Own Right Now: Alliance Holdings GP L.P.(AHGP)

Alliance Holdings GP, L.P., through its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It produces a range of steam coal with varying sulfur and heat contents. The company operates nine underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia. As of December 31, 2010, it had approximately 697.4 million tons of proven and probable coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, the company leases land; and operates a coal loading terminal, with a capacity of 8.0 million tons with ground storage of approximately 60,000 to 70,000 tons, on the Ohio River at Mt. Vernon, Indiana. Further, it engages in purchasing and selling coal; and providing services, including ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. Alliance GP, LLC, serves as the general partner of the company. Allian ce Holdings GP, L.P. is based in Tulsa, Oklahoma.

Advisors’ Opinion:

  • [By Robert Rapier]

    The National Association of Publicly Traded Partnerships (NAPTP) lists five MLPs in the category “Natural Resources – Coal,” although two of the five are Alliance Holdings (NYSE: AHGP) and its operating affiliate, Alliance Resource Partners (NYSE: ARLP). The other three are Natural Resource Partners (NYSE: NRP), Rhino Resource Partners (NYSE: RNO), and Oxford Resource Partners (NYSE: OXF).

  • [By Seth Jayson]

    Calling all cash flows
    When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on Alliance Holdings GP (Nasdaq: AHGP  ) , whose recent revenue and earnings are plotted below.

10 Best Cheap Stocks To Own Right Now: Bank of America Corporation(BAC)

Bank of America Corporation, a financial holding company, provides banking and nonbanking financial services and products to individuals, small- and middle-market businesses, large corporations, and governments in the United States and internationally. The company?s Deposits segment generates savings accounts, money market savings accounts, certificate of deposits, and checking accounts; and Global Card Services segment provides the U.S. consumer and business card, consumer lending, international card and debit card services. Its Home Loans & Insurance segment offers consumer real estate products and services, including mortgage loans, reverse mortgages, home equity lines of credit, and home equity loans. It also provides property, disability, and credit insurance. The company?s Global Commercial Banking segment offers lending products, including commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit, asset-based lending, and indirect consumer loans; and capital management and treasury solutions, such as treasury management, foreign exchange, and short-term investing options. Its Global Banking & Markets segment provides financial products, advisory services, settlement, and custody services; debt and equity underwriting and distribution, merger-related advisory services, and risk management products; and integrated working capital management and treasury solutions. The company?s Global Wealth & Investment Management segment offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise, and asset management products. Bank of America Corporation serves customers through a network of approximately 5,900 banking centers and 18,000 automated teller machines. It was formerly known as NationsBank Corporation and changed its name on October 1, 1998. Bank of America Corporation was founded in 1874 and is based in Charlott e, North Carolina.

Advisors’ Opinion:

  • [By MONEYMORNING.COM]

    Open Text added such marquee clients as Bank of America Corp. (NYSE: BAC) FedEx Corp. (NYSE: FDX), and General Electric Co. (NYSE: GE).

    With a market cap of $5.95 billion, the stock trades at roughly $50 a share. It has operating margins of more than 17% and a forward PE of 13.91 about a 15% discount from the overall market.

  • [By Rich Smith]

    AFP/Getty Images/Frederic J. Brown Over the past decade or so, waves of computer-aided identity theft have washed over the U.S. Since the first big hack attack on ChoicePoint in 2005, through more recent data breaches at Evernote, LivingSocial, and now the massive Target (TGT) breach involving 110 million pieces of data (just the third-largest data breach in U.S. history, by the way), companies have more or less figured out a routine for dealing with data breaches. You notify the FBI. You (eventually) notify your customers. And you replace everybody’s credit cards. With the latest breach at Target, that process is already well under way. Megabanks like JP Morgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) have collectively handed out millions of new cards, with new card numbers, to customers whose data may have been compromised by the Target data breach. Last week, the Independent Community Bankers of America issued a release confirming its members — small banks around the country — have “reissued more than 4 million credit and debit cards.” To ensure that credit and debit card numbers that hacker stole from Target and Neiman Marcus will soon be useless, ICBA member bankers absorbed costs in excess of $40 million. And as a result of their quick action, says the group, “community banks’ initial fraud costs were relatively low, with less than 1 percent of community bank customers reporting fraud.” So, while the Target breach and the “110 million pieces of data lost” sounds bad, the damage probably won’t be as bad as you think. In fact, you can use this epic data fail to your advantage. You Have to Set up New Auto-Payments When your bank sends you a new credit or debit card, it will come with a new number to replace the one that Target lost. Your old number has been canceled. This means any automatic payment plans you’ve set up — your subscriptions and the card numbers that you have preselected for payments on Amazon (AMZN), P

10 Best Cheap Stocks To Own Right Now: Compass Minerals Intl Inc(CMP)

Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. The company operates in two segments, Salt and Specialty Fertilizer. The Salt segment produces salt and magnesium chloride for use in road deicing and dust control, food processing, water softeners, pool salt, and agricultural and industrial applications. This segment also purchases potassium chloride and sells as a finished product. The Specialty Fertilizer segment produces and markets sulphate of potash crop nutrients and industrial grade sulfate of potash for use in the production of specialty fertilizers for vegetables, fruits, potatoes, nuts, tobacco, and turf grass. The company also produces and markets consumer deicing and water conditioning products, ingredients used in consumer and commercial food preparation, and other mineral-based products for consumer, agricultural, and industrial applications. In ad dition, Compass Minerals provides records management services to businesses located in the U.K. The company operates rock salt mines in Goderich, Ontario, Canada; and Winsford, Chesire, the United Kingdom. It primarily serves producers of intermediate chemical products used in the production of vinyls and other chemicals, and pulp and paper, as well as water treatment and other industrial uses. The company markets its products through direct sales personnel, contract personnel, and a network of brokers or manufacturers? representatives. Compass Minerals International, Inc., formerly known as Salt Holdings Corporation, was founded in 1993 and is headquartered in Overland Park, Kansas.

Advisors’ Opinion:

  • [By Brendan Mathews]

    Compass Minerals (NYSE: CMP  ) is a sleepy producer of a boring product: rock salt. But it has a strong competitive advantage. It owns the world’s largest rock salt mine, which luckily is conveniently located near the major deicing markets of the Great Lakes region. This combination of a great mining resource and ideal location provide the company with a wide, crocodile-filled competitive moat.

  • [By Alex Planes]

    PotashCorp’s difficulty sustaining its pricing power is underscored by recent reports from sulfate of potash (SOP) producer Compass Minerals (NYSE: CMP  ) , which charged a hefty premium of almost $300 per ton against Potash Corp’s prices for muriate of potash. Efforts to move away from SOP sales seem to be the right choice — PotashCorp peer Intrepid Potash’s SOP sales fell by 37%, while the average price received has slumped nearly 14% in the last quarter. Even ore miner BHP Billiton has recently jumped into the fertilizer industry with a $2.6 billion build-out of a potash mine in Canada, which is all but certain to produce further downward pressure on potash prices.

  • [By Roberto Pedone]

    Compass Minerals (CMP) is a producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. This stock closed up 3.4% at $75.60 in Wednesday’s trading session.

    Wednesday’s Volume: 913,000

    Three-Month Average Volume: 212,481

    Volume % Change: 315%

    From a technical perspective, CMP gapped higher here off its recent low of $64.24 with heavy upside volume. This stock recently gapped down sharply from around $90 to $64.24 with heavy downside volume. That move pushed shares of CMP into extremely oversold territory, since the stock’s current relative strength index reading is 25.78. Oversold can always get more oversold, but it’s also an area where a stock can experience a powerful bounce higher from. Shares of CMP are now starting to move within range of triggering a near-term breakout trade. That trade will hit if CMP manages to take out its gap down day high of $78.20 and then once it clears its 200-day moving average at $79.14 with high volume.

    Traders should now look for long-biased trades in CMP as long as it’s trending above Wednesday’s low of $73.07 or $72.50 and then once it sustains a move or close above those breakout levels with volume that’s near or above 212,481 shares. If that breakout hits soon, then CMP will set up to re-fill some of its previous gap down zone that started near $90.