Top 5 Tech Stocks You'll Regret Missing In Q2
Portfolio Pulse from Lisa Levin
The top 5 oversold tech stocks in Q2, based on RSI values, are Corsair Gaming (CRSR), Intevac (IVAC), SolarEdge Technologies (SEDG), SkyWater Technology (SKYT), and Methode Electronics (MEI). These companies have recently reported financial results and have RSI values near or below 30, indicating potential undervaluation.
June 23, 2023 | 11:41 am
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POSITIVE IMPACT
Corsair Gaming reported better-than-expected Q1 results and issued FY23 guidance. Its RSI value is 28.97, indicating potential undervaluation.
Corsair Gaming's better-than-expected Q1 results and FY23 guidance, along with its RSI value of 28.97, suggest that the stock may be undervalued and could experience a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Intevac has appointed Houlihan Lokey to evaluate strategic options. Its RSI value is 25.22, indicating potential undervaluation.
Intevac's appointment of Houlihan Lokey to evaluate strategic options, along with its RSI value of 25.22, suggest that the stock may be undervalued and could experience a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Methode Electronics reported mixed Q4 results. Its RSI value is 21.92, indicating potential undervaluation.
Methode Electronics' mixed Q4 results and RSI value of 21.92 suggest that the stock may be undervalued and could experience a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
SolarEdge Technologies reported strong Q1 results. Its RSI value is 25.81, indicating potential undervaluation.
SolarEdge Technologies' strong Q1 results and RSI value of 25.81 suggest that the stock may be undervalued and could experience a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SkyWater Technology posted a lower-than-expected quarterly loss. Its RSI value is 29.41, indicating potential undervaluation.
SkyWater Technology's lower-than-expected quarterly loss and RSI value of 29.41 suggest that the stock may be undervalued and could experience a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100