Here are the list of stocks which can be bought below the specified price. The list is made our member Vikas. I have only added the max target price (3 - 5 month) for bullish scenario and the worst case scenario in case there is huge sell off.
1. AGQ under 46; Max it can go down to $30, Target price: $60.
2. LVS under 40; Max it can go down to $31.21, Target price: $48.
3. TNA around 38; Max it can go down to $28, Target price: $53.
4. TZA around 26-27; Max it can go down to $22, Target price: $60.
5. F around 10; Max it can go down to $7.10, Target price: $12.05.
6. AMZN around 170; Max it can go down to $160, Target price: $197.20 (Be-careful the resistance is broken, going down)
7. VXX around 38; Max it can go down to $30.25, Target price: $45.
8. CRM around 97; Max it can go down to $83.07, Target price: $116. (Be-careful the resistance is broken)
9. VZ around 35-36; Max it can go down to $30.10, Target price: $40. (In overbought zone, likely to fall soon)
10. GE around 16; Max it can go down to $16.19, Target price: $18.50. (In overbought zone, likely to fall soon)
11. INTC around 23; Max it can go down to $20.25, Target price: $25.56
12. WAG around 32; Max it can go down to $26, Target price: $38.24
13. AFL around 40; Max it can go down to $36, Target price: $46.
14. HDB around 25-26; Max it can go down to $21, Target price: $31.26.
15. MT around 16-16.5; Max it can go down to $15, Target price: $22.5.
16. HD around 40; Max it can go down to $28, Target price: $44. (In overbought zone, likely to fall soon)
17. IBN around 26; Max it can go down to $20, Target price: $38.
18. TVIX when VIX is under 22-23; Max it can go down to $22, Target price: $80.
19. SKS around 9; Max it can go down to 7, Target price: $11.65.
20. POT around 38-39 Max it can go down to 34.79, Target price: $ 48
21. C around 26; Max it can go down to 22, Target price: $32
22. NKE around 90; Max it can go down to 80, Target price: $98.
23. PMR around 20; Max it can go down to 18, Target price: $22.50.
24. NLY around 16; Max it can go down to 15, Target price: $17.50. (In overbought zone, likely to fall soon)
25. AAPL around 355; Max it can go down to 350, Target price: $409.
26. GOOG around 570; Max it can go down to 560, Target price: $640. (In overbought zone, likely to fall soon)
27. XOM around 75; Max it can go down to 68, Target price: $88. (In overbought zone, likely to fall soon)
28. DIS around 33; Max it can go down to 32, Target price: $39. (In overbought zone, likely to fall soon)
29. KO around 65; Max it can go down to 63.5, Target price: $70.5 (In overbought zone, likely to fall soon)
30. MCD around 90; Max it can go down to 83, Target price: $102. (In overbought zone, likely to fall soon)
It looks like defensive play with high yield are overbought at this point of time.
The way to use this stock is;
If you are short term investor, and suppose 2. LVS falls below $ 40, then it can be bought without risk with 2 week time frame with atleast 5-8% gain target.
If you are long term investor, and suppose 2. LVS falls below $40, then it can be bought with upper price target of $48 with 12 week time frame or 20% gain target.
But there are still unknown factors like major macro economic issue from Europe, US and China which can take the stocks spirally down.
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