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.

Copart Inc (NASDAQ:CPRT)

  • On May 22, Copart reported a third-quarter revenue miss. The company’s stock fell around 16% over the past five days and has a 52-week low of $48.05.
  • RSI Value: 23.7
  • CPRT Price Action: Shares of Copart fell 1.6% to close at $52.82 on Tuesday.
  • Edge …

Full story available on Benzinga.com

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.

Copart Inc (NASDAQ:CPRT)

  • On May 22, Copart reported a third-quarter revenue miss. The company’s stock fell around 16% over the past five days and has a 52-week low of $48.05.
  • RSI Value: 23.7
  • CPRT Price Action: Shares of Copart fell 1.6% to close at $52.82 on Tuesday.
  • Edge …

Full story available on Benzinga.com

 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.
Copart Inc (NASDAQ:CPRT)

On May 22, Copart reported a third-quarter revenue miss. The company’s stock fell around 16% over the past five days and has a 52-week low of $48.05.
RSI Value: 23.7
CPRT Price Action: Shares of Copart fell 1.6% to close at $52.82 on Tuesday.
Edge …Full story available on Benzinga.com   Read MoreCPRT, Expert Ideas, industrials, Long Ideas, LQDT, News, Pro Project, WETO, Pre-Market Outlook, Markets, Trading Ideas, CPRT, US2172041061, LQDT, US53635B1070, WETO, Long Ideas, News, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets