12 of the most-overbought stocks
The list shows confidence in the consumer. Homebuilders also get some love.
The latest numbers show that 305 stocks in the S&P 500 are oversold, while only 25 are overbought, according to Bespoke Investment Group. (In this case, oversold and overbought mean stocks that are more than one standard deviation from their 50-day moving averages.)
Bespoke looked for trends among the 25 overbought stocks, the ones that have risen too far too fast and are in danger of crashing. They found many consumer plays, showing the market is feeling much better about the consumer compared with a year ago.
Another hot area is the homebuilding sector, which just a year ago was at the heart of the bear market, according to Bespoke.
Here are 12 of the top overbought stocks, their industries and their trading prices on Tuesday:
Airgas (ARG) -- Industrial Gas -- $60.88
Hasbro (HAS) -- Toys -- $34.89
Lexmark (LXK) -- Computer storage -- $33.16
Tyson Foods (TSN) -- Meat and packaged food -- $15.39
AON Corp (AON) -- Insurance broker -- $39.74
Estee Lauder (EL) -- Personal products -- $56.11
Burlington Northern (BNI) -- Railroads -- $99.81
DR Horton (DHI) -- Homebuilder -- $12.88
Eastman Kodak (EK) -- Photo products -- $5.91
Sara Lee (SLE) -- Packaged Foods -- $12.68
Darden Restaurants (DRI) -- Restaurants -- $38.27
Family Dollar Stores (FDO) -- Discount retail -- $31.75
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The stock rises 9% after the company reveals strong second-quarter results.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.