Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In April

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.

SES AI Corporation SES

  • SES AI filed for a mixed shelf offering as well as secondary offering by selling shareholders. The company’s stock has a 52-week low of $1.63 .
  • RSI Value: 24.63
  • SES Price Action: Shares of SES AI rose 1.8% to close at $1.70 on Wednesday.

Archer Aviation Inc. ACHR

  • Archer Aviation posted a FY22 loss of $1.32 per share. Adam Goldstein, Archer’s CEO, said, "The Archer team achieved significant milestones throughout 2022 across four key areas: technology, certification, manufacturing and commercial operations, giving us tremendous momentum heading into 2023." The company’s stock has a 52-week low of $1.62.
  • RSI Value: 28.22
  • ACHR Price Action: Shares of Archer Aviation fell 0.6% to close at $1.82 on Wednesday.

TTEC Holdings, Inc. TTEC

  • TTEC issued weak guidance for Q1 and FY23. The company will release its earnings results after market close on May 3, 2023. The company’s stock has a 52-week low of $32.55.
  • RSI Value: 28.96
  • TTEC Price Action: Shares of TTEC Holdings rose 0.2% to close at $32.84 on Wednesday.

Genpact Limited G

  • Genpact posted better-than-expected Q4 results. "We are pleased with our full year 2022 financial results with revenue growth, adjusted operating income margin and adjusted diluted EPS all coming in at the high-end of our expectations, highlighting the relevance of our Data-Tech-AI services and Digital Operations services for our clients," said "Tiger" Tyagarajan, Genpact's President and CEO. The company’s 52-week low is $37.68.
  • RSI Value: 28.19
  • G Price Action: Shares of Genpact fell 0.9% to close at $43.20 on Wednesday.

Korn Ferry KFY

  • Korn Ferry reported better-than-expected Q3 results and issued strong guidance. "During the fiscal third quarter we generated $681 million in fee revenue, flat year-over-year and up 4% at constant currency," said Gary D. Burnison, CEO, Korn Ferry. The company has a 52-week low of $46.41.
  • RSI Value: 27.95
  • KFY Price Action: Shares of Korn Ferry dropped 0.4% to close at $46.76 on Wednesday.

 

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