Top 5 Consumer Stocks Which You'll Regret Missing This Quarter

The most oversold stocks in the consumer discretionary 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.

American Public Education, Inc. APEI

  • American Public Education board of directors authorized the company to repurchase up to an additional $8.0 million of shares under the existing program. The company’s stock has a 52-week low of $3.78 .
  • RSI Value: 19.26
  • APEI Price Action: Shares of American Public Education gained 6% to close at $4.27 on Wednesday.

Selina Hospitality PLC SLNA

  • Selina Hospitality sees preliminary Q4 total revenue of $49.5 million to $52.5 million. Selina's Co-Founder and Chief Executive Officer, Rafael Museri, said, "Selina is focused on three strategic priorities: driving cash flow, executing on our path to profitability, and building our brand. We will be relentless with exploring ways to reduce our costs, become more efficient, and enhance our focus." The company’s stock has a 52-week low of $1.35.
  • RSI Value: 28.31
  • SLNA Price Action: Shares of Selina Hospitality gained 4.2% to close at $1.48 on Wednesday.

Tupperware Brands Corporation TUP

  • Tupperware Brands reported a preliminary fourth-quarter FY22 sales decline of 20% year-on-year to $313.70 million, beating the consensus of $295.34 million. The company’s stock has a 52-week low of $2.21.
  • RSI Value: 28.31
  • TUP Price Action: Shares of Tupperware Brands fell 5.8% to close at $2.29 on Wednesday.

Lincoln Educational Services Corporation LINC

  • Lincoln Educational reported better-than-expected quarterly results. “Lincoln returned to student start growth during our fourth quarter and achieved strong financial results in its most profitable quarter with both revenues and Adjusted EBITDA growing in comparison to last year,” said Scott Shaw, President & CEO. The company’s 52-week low is $4.59.
  • RSI Value: 29.52
  • LINC Price Action: Shares of Lincoln Educational gained 0.4% to close at $5.11 on Wednesday.

Ross Stores, Inc. ROST

  • Ross Stores posted upbeat quarterly results. Barbara Rentler, Chief Executive Officer, said, "During a very competitive holiday season, fourth quarter sales and earnings exceeded our guidance due to customers’ positive response to our improved assortments and stronger value offerings." The company has a 52-week low of $69.24.
  • RSI Value: 27.67
  • ROST Price Action: Shares of Ross Stores fell 1.5% to close at $102.61 on Wednesday.

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Posted In: Long IdeasNewsPenny StocksPre-Market OutlookMarketsTrading IdeasConsumer DiscretionaryConsumer StocksEducation ServicesExpert IdeasOversold StocksRSI
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