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Overvalued stocks — Norwegian 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.

           
KID KID ASA
120.001.69%2.00Buy20.068K4.796B13.198.76Distribution Services
OET OKEANIS ECO TANKER
90.900.89%0.80Buy35.515K2.917B2.8229.90Producer Manufacturing
RING SPAREBK RING HADEL
278.001.46%4.00Strong Buy1464.288B11.8822.74218.00Finance
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