Top 2 Real Estate Stocks That Are Set To Fly In Q4
Portfolio Pulse from Avi Kapoor
The article highlights two real estate stocks, Altisource Portfolio Solutions S.A. (ASPS) and FLJ Group Limited (FLJ), which are considered oversold with their RSI values below 30, indicating a potential buying opportunity. ASPS recently expanded collaboration to increase access to affordable housing, while FLJ announced a plan to change its ADS ratio. Both stocks have experienced significant price drops recently.
December 22, 2023 | 12:33 pm
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POSITIVE IMPACT
Altisource Portfolio Solutions expanded affordable housing access, with a 14% stock drop over five days and a 52-week low of $3.00. RSI at 27.67 suggests oversold status.
The expansion in affordable housing access could be seen as a positive development for ASPS, and the RSI value indicates the stock may be undervalued. The recent price drop could attract investors looking for a rebound, potentially driving the stock price up in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FLJ Group announced an ADS ratio change after a 71% stock drop over the past month, with a 52-week low of $1.04. RSI at 28.14 suggests oversold status.
The ADS ratio change could be a strategic move for FLJ to stabilize its stock. The low RSI value indicates that the stock is potentially oversold, which may lead to increased buying interest and a short-term price increase.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 80