Top 3 Financials Stocks That Could Blast Off In September
Portfolio Pulse from Avi Kapoor
The article highlights three oversold financial stocks with potential for growth: Coinbase Global, PagSeguro Digital, and Patria Investments. These stocks have low RSI values, indicating they may be undervalued. Barclays upgraded Coinbase, while PagSeguro and Patria reported notable earnings.
September 09, 2024 | 11:36 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Coinbase Global's stock is oversold with an RSI of 29.89. Barclays upgraded the stock to Equal-Weight but lowered the price target. The stock fell 22% recently, closing at $147.35.
Coinbase's oversold status and recent analyst upgrade suggest potential for a rebound. Despite a lowered price target, the upgrade indicates improved sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
PagSeguro Digital's stock is oversold with an RSI of 27.15. Despite better-than-expected sales, the stock fell 25% over the past month, closing at $9.40.
PagSeguro's strong sales performance and oversold status suggest potential for a price recovery, despite recent declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Patria Investments is oversold with an RSI of 29.71. The company reported in-line earnings and significant growth in fee-related earnings. Shares fell 5% recently, closing at $11.00.
Patria's oversold status and solid earnings growth indicate potential for a price increase, despite recent declines.
CONFIDENCE 88
IMPORTANCE 75
RELEVANCE 100