Overvalued stocks — Argentine Stock Market

Stocks that have significantly increased in price due to a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.

           
GOLD BARRICK GOLD CORP
1061.002.17%22.50Buy23.351K1837.899B-65.8922100.00Basic Materials
GSK GLAXOSMITHKLINE
580.001.75%10.00Buy4965666.540B18.5162.0495490.00Healthcare
KO COCA-COLA CO
607.000.17%1.00Strong Buy2.940K12572.014B31.7893.3462600.00Consumer Non-Cyclicals
MCD MCDONALD'S CORP
3022.00-0.90%-27.50Strong Buy48918.431B27.85425.51210000.00Consumer Cyclicals
PG PROCTER & GAMBLE
1310.00-1.32%-17.50Buy35516060.947B79.1586.1697000.00Consumer Non-Cyclicals
SNE SONY CORP
1501.50-1.15%-17.50Buy63824.364B9.06344.75114400.00Technology
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