Skip to main content

Market Overview

Top 3 Industrials Stocks That Are Set To Fly This Quarter

Share:
Top 3 Industrials Stocks That Are Set To Fly This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Expion360 Inc. (NASDAQ: XPON)

  • On March 28, Expion360 reported worse-than-expected fourth-quarter financial results. "The fourth quarter and full year 2023 was highlighted by continued momentum for our existing product line, new product development and launches, and additional operating liquidity,” said Brian Schaffner, Chief Executive Officer of Expion360. The company’s stock fell around 37% over the past month and has a 52-week low of $1.97 .
  • RSI Value: 27.29
  • XPON Price Action: Shares of Expion360 gained 3.5% to close at $2.09 on Thursday.

Applied UV, Inc. (NASDAQ: AUVI)

  • On April 12, Barclays analyst Luke Sergott maintained Agilent Technologies with an Underweight and raised the price target from $125 to $135. The company’s stock fell around 59% over the past month. It has a 52-week low of $0.71.
  • RSI Value: 24.30
  • AUVI Price Action: Shares of Applied UV gained 4.1% to close at $0.76 on Thursday.

The Boeing Company (NYSE: BA)

  • On April 11, B of A Securities analyst Ronald Epstein maintained with a Neutral and lowered the price target from $210 to $190. The company’s stock fell around 6% over the past five days and has a 52-week low of $171.38.
  • RSI Value: 27.81
  • BA Price Action: Shares of Boeing fell 0.7% to close at $173.36 on Thursday.

 

Read More: Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday

 

Related Articles (BA + AUVI)

View Comments and Join the Discussion!

Posted-In: Expert Ideas Industrials StocksLong Ideas News Penny Stocks Pre-Market Outlook Markets Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com