Dear readers, let us take a look at four oversold US stocks, each more than USD 10 billion dollar in market cap that are oversold (RSI <30).
These four US stocks are:
1) BP P.L.C (BP) stock
2) PetroChina Company Limited stock (PTR)
3) AT&T Inc stock (T)
4) Vertex Pharmaceuticals Incorporated (VRTX)
Two of the above four oversold US are in oil & gas related industries, this attests to the challenging state of these industries right now.
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