Top 5 Real Estate Stocks That Could Blast Off In March

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The most oversold stocks in the real estate 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.

Office Properties Income Trust OPI

  • The company posted a profit for the fourth quarter. The company’s stock has a 52-week low of $11.61 .
  • RSI Value: 20.27
  • OPI Price Action: Shares of Office Properties Income Trust fell 0.8% to trade at $44.34 on Monday.

Uniti Group Inc. UNIT

  • Uniti Group posted better-than-expected Q4 earnings. “2022 was an exceptional year for Uniti, with $3.6 million of new consolidated bookings and $3.5 million of gross install monthly recurring revenue added in 2022, resulting in the highest level of annual bookings and installs in the Company’s history,” said Kenny Gunderman, President and Chief Executive Officer. The company’s stock has a 52-week low of $3.35.
  • RSI Value: 19.29
  • UNIT Price Action: Shares of Uniti Group rose 3.5% to trade at $3.60 on Monday.

Hudson Pacific Properties, Inc. HPP

  • Hudson Pacific Properties reported a decline in Q4 FFO. The company’s stock has a 52-week low of $6.02.
  • RSI Value: 14.21
  • HPP Price Action: Shares of Hudson Pacific Properties gained 1.4% to trade at $6.26 on Monday.

Medical Properties Trust, Inc. MPW

  • Medical Properties Trust reported Q4 EPS results were lower year over year. The company’s 52-week low is $7.60.
  • RSI Value: 20.18
  • MPW Price Action: Shares of Medical Properties Trust gained 1.2% to trade at $7.82 on Monday.

Global Net Lease, Inc. GNL

  • Global Net Lease posted downbeat quarterly earnings. The company has a 52-week low of $9.82.
  • RSI Value: 29.60
  • GNL Price Action: Shares of Global Net Lease rose 1.4% to trade at $12.44 on Monday.

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