Dear readers, in today’s post, let us take a look at three NYSE and NASDAQ technology stocks which are oversold. Oversold in this post refers to the RSI(14) being less than 30. These oversold stocks are as follows:
First, Leidos Holdings (LDOS) which trades on NYSE. LDOS which has a $11.7B market capitalisation is now oversold at price of around USD84.
Second, CACI International Inc (CACI). With a market cap of $4.82B, this stock currently trades at around $196.30 on NYSE.
Last, but not least, J2 Global Inc (JCOM). At $2.7B market cap, this stock currently trades on the NASDAQ at $55.76.
Investors should note that oversold stocks does not mean that these stocks are poised to head north soon. Nor does it mean that the fundamentals of these stocks will be able to sustain stock prices north. Investors must always do their due diligence before investing in any
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