Overvalued stocks

Stocks that have significantly increased in price due 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.

BBK Bank Of Bahrain And Kuwait 0.450.89%0.00Buy74.350K491.068M11.370.051098.00Financials
INVCORP Investcorp Bank 9.405.03%0.45Strong Buy5.000K752.000M7.581.27300.00Financials
SALAM Al Salam Bank 0.143.03%0.00Buy1.414M291.167M15.960.01Financials
TRAFCO Trafco Group Bsc 0.322.56%0.01Strong Buy8.528K25.828M14.770.02Consumer Non-Cyclicals
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