Top 3 Real Estate Stocks You'll Regret Missing In June
Portfolio Pulse from Avi Kapoor
The article highlights three oversold real estate stocks with RSI values near or below 30, presenting potential buying opportunities. The stocks mentioned are RLJ Lodging Trust, Weyerhaeuser Co, and CoStar Group Inc.
June 27, 2024 | 12:18 pm
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CoStar Group named Chris Lown as the new CFO. The stock has fallen around 13% over the past month and has an RSI of 27.30, indicating it is oversold.
The appointment of a new CFO and the stock being oversold with an RSI of 27.30 could attract investors looking for undervalued opportunities, potentially driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
RLJ Lodging Trust declared a quarterly cash dividend of 10 cents per share. The stock has fallen around 5% over the past month and has an RSI of 29.12, indicating it is oversold.
The declaration of a dividend and the stock being oversold with an RSI of 29.12 could attract investors looking for undervalued opportunities, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Weyerhaeuser Co is set to release its Q2 2024 results on July 25. The stock has fallen around 6% over the past month and has an RSI of 25.02, indicating it is oversold.
The upcoming earnings release and the stock being oversold with an RSI of 25.02 could attract investors looking for undervalued opportunities, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100