Top 5 Financial Stocks You'll Regret Missing 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.

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

Finance Of America Companies Inc. FOA

Finance of America posted a loss for the second quarter. Graham A. Fleming, Chief Executive Officer commented, "Finance of America delivered on each strategic initiative we set out to accomplish as we pursue our goal to help even more Americans embrace a modern retirement and understand the value and benefits of home equity." The company’s stock has a 52-week low of $1.19 .
RSI Value: 28.23
FOA Price Action: Shares of Finance Of America Companies rose 0.7% to close at $1.43 on Friday.

AMTD IDEA Group AMTD

AMTD Idea Group announced a step up of $100 million into AMTD Digital Inc. with a lock up of 5 years. It has a 52-week low of $1.20.
RSI Value: 25.74
AMTD Price Action: Shares of AMTD IDEA rose 0.8% to close at $1.23 on Friday.

Green Dot Corporation GDOT

Green Dot posted better-than-expected quarterly results. "I am pleased with the quarter’s results and the progress we're making against our 2023 operating goals, including launching a new major BaaS partner and adding a new partner to our financial services channel," said George Gresham, Chief Executive Officer of Green Dot. The company’s stock has a 52-week low of $14.76.
RSI Value: 27.91
GDOT Price Action: Shares of Green Dot gained 1.6% to close at $15.08 on Friday.

Marpai, Inc. MRAI

Marpai posted upbeat quarterly results. "I am happy to report that we are starting to see the sequential quarterly improvement in our operating results that I told you about when we reported our first quarter results. " said Edmundo Gonzalez, Chief Executive Officer of Marpai. The company’s 52-week low is $0.85.
RSI Value: 24.47
MRAI Price Action: Shares of Marpai gained 2.3% to close at $0.90 on Friday.

AGBA Group Holding Limited AGBA

AGBA Group issued an update on financial projections showing acceleration to profitability within months. The company has a 52-week low of $0.57.
RSI Value: 28.52
AGBA Price Action: Shares of AGBA Group Holding rose 6.2% to close at $0.6690 on Friday.