Top 3 Industrials Stocks Which Could Rescue Your Portfolio In Q2

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, according to Benzinga Pro.

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

Saia Inc SAIA

  • On April 25, Saia posted a first-quarter EPS and revenue miss. Saia President and CEO, Fritz Holzgrefe, said, “Primarily resulting from an uncertain macroeconomic environment, we did not see the typical sequential growth in shipments through the quarter, with March shipments flat to February, causing our first quarter revenues to fall well below our expectations.” The company's stock fell around 32% over the past month and has a 52-week low of $229.21.
  • RSI Value: 28.8
  • SAIA Price Action: Shares of Saia fell 3.5% to close at $237.11 on Monday.
  • Edge Stock Ratings: 10.78 Momentum score with Value at 68.06.

NET Power Inc NPWR    

  • On April 23, Barclays analyst Betty Jiang downgraded NET Power from Equal-Weight to Underweight and lowered the price target from $3 to $2. The company's stock fell around 31% over the past month and has a 52-week low of $1.62.
  • RSI Value: 29.8
  • NPWR Price Action: Shares of NET Power gained 4.6% to close at $1.81 on Monday.
  • Benzinga Pro’s charting tool helped identify the trend in NPWR stock.

Kforce Inc KFRC

  • On April 28, Kforce posted downbeat quarterly results. Joseph J. Liberatore, President and Chief Executive Officer, said, “Our first quarter performance was generally consistent with our expectations.” The company's stock fell around 13% over the past month and has a 52-week low of $42.07.
  • RSI Value: 24.8
  • KFRC Price Action: Shares of Kforce fell 2.6% to close at $42.76 on Monday.
  • Benzinga Pro’s signals feature notified of a potential breakout in KFRC shares.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

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KFRCKforce Inc
$42.000.14%

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