Top 5 Industrial Stocks That Are Set To Fly In Q4

Grand News Network | November 6, 2023

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Fathom Digital Manufacturing Corporation (NYSE: FATH)

  • Fathom Digital Manufacturing named Carey Chen as CEO. The company’s stock has a 52-week low of $2.9930 .
  • RSI Value: 19.52
  • FATH Price Action: Shares of Fathom Digital Manufacturing gained 17.5% to close at $4.2873 on Friday.

Spirit Airlines, Inc. (NYSE: SAVE)

  • Spirit Airlines reported third-quarter revenue declined 6.3% Y/Y to $1,259 million, beating the consensus of $1,258 million. “Softer demand for our product ...

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