Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In September
Portfolio Pulse from Lisa Levin
The article lists the top 5 oversold stocks in the industrials sector, which could present an opportunity for investors. The stocks mentioned are TuSimple Holdings Inc. (TSP), Alaska Air Group, Inc. (ALK), L3Harris Technologies, Inc. (LHX), Pitney Bowes Inc. (PBI), and American Airlines Group Inc. (AAL). The companies have been identified as oversold based on their Relative Strength Index (RSI) values, which are all below 30.
September 07, 2023 | 11:26 am
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NEUTRAL IMPACT
American Airlines Group Inc. has an RSI value of 28.09 and its stock rose 0.2% to close at $14.33 on Wednesday.
Despite being oversold, the company's stock price rose slightly, indicating a neutral short-term impact. The low RSI value could lead to a price correction in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Alaska Air Group, Inc. has an RSI value of 21.72 and its stock rose 0.5% to close at $40.54 on Wednesday.
Despite being oversold, the company's stock price rose slightly, indicating a neutral short-term impact. The low RSI value could lead to a price correction in the future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
L3Harris Technologies, Inc. has an RSI value of 29.14 and its stock fell 1.3% to close at $170.19 on Wednesday.
The company's low RSI value indicates it is oversold, which could lead to a price correction in the short term. However, the recent drop in stock price suggests a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Pitney Bowes Inc. has an RSI value of 28.67 and its stock fell 0.7% to close at $2.98 on Wednesday.
The company's low RSI value indicates it is oversold, which could lead to a price correction in the short term. However, the recent drop in stock price suggests a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
TuSimple Holdings Inc. has an RSI value of 28.62 and its stock fell around 4.8% to close at $1.19 on Wednesday.
The company's low RSI value indicates it is oversold, which could lead to a price correction in the short term. However, the recent drop in stock price suggests a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100