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Barchart
Barchart
Jim Van Meerten

Follow the Trend Seeker: Beaten-Down SelectQuote Stock Surges 54% in 1 Month as Barchart’s Data Signals ‘Buy’

  • SelectQuote (SLQT) has rebounded 54% over the past month, supported by a Trend Seeker “Buy” signal since April 17.
  • SLQT remains highly speculative, with a 72% loss over the past year.
  • Analysts expect revenue growth of 8.82% this year and 6.11% next, with earnings projected to rebound 625% after a sharp decline.
  • Wall Street sentiment is mixed with price targets ranging from $1.25 to $5. 

Many of you have been asking for beaten-down stocks that have potential and are beginning to rebound. That got me thinking about how I could use Barchart’s powerful screening tools to find stocks that have hit bottom and are starting to recover. It was easier than I thought. 

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