Top 3 Risk Off Stocks That Are Set To Fly In July

The most oversold stocks in the consumer staples 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.

Lamb Weston Holdings Inc LW

• On July 24, Lamb Weston reported worse-than-expected fourth-quarter financial results and issued its FY25 earnings per share guidance below estimates. "We expect fiscal 2025 to be another challenging year. The operating environment has changed rapidly over the past twelve months as global restaurant traffic and frozen potato demand softened due to menu price inflation continuing to negatively affect global restaurant traffic," said Tom Werner, President and CEO. The company's stock fell around 33% over the past five days and has a 52-week low of $52.99.
• RSI Value: 15.59
• LW Price Action: Shares of Lamb Weston fell 6% to close at $53.01 on Thursday.
• Benzinga Pro's real-time newsfeed alerted to latest Lamb Weston news.

Boston Beer Company Inc SAM

• On July 25, Boston Beer Company reported worse-than-expected second-quarter financial results. "Our gross margin improvement initiatives continue to take hold, with gross margin expanding over 250 basis points year-to-date, and strong cash flow generation," said chairman and founder Jim Koch. "Depletions were soft in April, but improved as we moved through the quarter. The company's stock fell around 11% over the past month. It has a 52-week low of $254.40.
• RSI Value: 24.15
• SAM Price Action: Shares of Boston Beer fell 0.5% to close at $270.52 on Thursday.
• Benzinga Pro's charting tool helped identify the trend in SAM stock.

Celsius Holdings, Inc CELH

• On July 22, B. Riley Securities maintained a Buy rating on the stock but lowered its price target from $110 to $80. The company's stock dipped around 18% over the past month and has a 52-week low of $44.70.
• RSI Value: 29.12
• CELH Price Action: Shares of Celsius Holdings gained 1.7% to close at $46.40 on Thursday.
• Benzinga Pro's signals feature notified of a potential breakout in CELH shares.

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