As of Jan. 31, 2025, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here's the latest list of major overbought players in this sector.
British American Tobacco PLC (NYSE:BTI)
Estee Lauder Companies Inc (NYSE:EL)
Turning Point Brands Inc (NYSE:TPB)
- On Jan. 10, Roth MKM analyst Scott Fortune reiterated Turning Point Brands with a Buy and maintained a $70 price target. The company's stock gained around 12% over the past five days and has a 52-week high of $66.18.
- RSI Value: 73.1
- TPB Price Action: Shares of Turning Point Brands gained 5.3% to close at $63.00 on Thursday.
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