Top 3 Financial Stocks That May Rocket Higher This Quarter

The most oversold stocks in the financial 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, according to Benzinga Pro.

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

PayPal Holdings Inc PYPL

On Feb. 4, PayPal reported fiscal fourth-quarter revenue growth of 4% year over year to $8.37 billion, topping the analyst consensus estimate of $8.26 billion. The company reported an adjusted EPS of $1.19, beating the analyst consensus estimate of $1.12. The company' stock fell around 12% over the past five days and has a 52-week low of $55.77.
RSI Value: 21.5
PYPL Price Action: Shares of PayPal fell 13.2% to close at $77.72 on Tuesday.
Benzinga Pro's real-time newsfeed alerted to latest PYPL news.

UBS Group AG UBS

On Feb. 4, UBS Group reported fourth-quarter 2024 sales of $11.6 billion. That's up 7% year-over-year, beating the consensus of $11.2 billion. Underlying revenues upped 6% year-over-year to $11 billion, led by the performance of core businesses. The company's stock fell around 9% over the past five days and has a 52-week low of $26.00.
RSI Value: 29.4
UBS Price Action: Shares of UBS fell 7.2% to close at $32.41 on Tuesday.
Benzinga Pro’s charting tool helped identify the trend in UBS stock.

Virtus Investment Partners Inc VRTS

On Jan. 31, Virtus Investment Partners posted upbeat quarterly results. The company's stock fell around 10% over the past month and has a 52-week low of $190.42.
RSI Value: 25.3
VRTS Price Action: Shares of Virtus Investment Partners fell 1% to close at $194.56 on Tuesday.
Benzinga Pro’s signals feature notified of a potential breakout in VRTS shares.