Author: Avi Kapoor

The most oversold stocks in the communication services 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.

GD Culture Group Ltd (NASDAQ:GDC)

• On Oct. 1, GDC announced a strategic partnership with Tuolan Network Technology Co. to expand AI creator community. “Our AI Creator Community is dedicated to engage and support creators worldwide.” said Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company. “This partnership represents a significant opportunity to enhance the capabilities of creators. By combining our resources, we aim to provide creators with valuable opportunities to showcase their talents and expand their knowledge through targeted educational programs.” The company’s stock fell around 54% over the past month and has a 52-week low of $0.59.
• RSI Value: 25.40                        
• GDC Price Action: Shares of GD Culture fell 1.7% to close at $1.70 on Monday.
• Benzinga Pro’s real-time newsfeed alerted to latest GDC news.

Paltalk Inc (NASDAQ:PALT)       

• Paltalk said on Oct. 8, an order granting motion for final judgement was entered into District Court for the Western District of Texas in connection with the company’s patent infringement lawsuit against Cisco. The company’s stock fell around 37% over the past month and has a 52-week low of $1.54.
• RSI Value: 29.47
• PALT Price Action: Shares of Paltalk gained 6.2% to close at $2.05 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in PALT stock.

GDEV Inc (NASDAQ:GDEV)

• On Sept. 17, Noble Capital Markets analyst Michael Kupinski maintained GDEV with an Outperform and raised the price target from $60 to $70. The company has a 52-week low of $19.00.
• RSI Value: 24.00
• GDEV Price Action: Shares of GDEV rose 1.1% to close at $37.55 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in GDEV shares.

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On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Broadcom Inc. (NASDAQ:AVGO) is a buy.

On Oct. 14, Mizuho analyst Vijay Rakesh maintained Broadcom with an Outperform and raised the price target from $190 to $220.

The “Mad Money” host recommended staying away from Blue Bird Corporation (NASDAQ:BLBD). “I just don’t see the growth,” he noted.

On Oct. 9, BTIG analyst Gregory Lewis initiated coverage on Blue Bird with a Buy rating and announced a price target of $55.

Cramer likes The Cigna Group (NYSE:CI). “It’s two thumb up,” he added.

On Wednesday, Cigna’s board declared a cash dividend of $1.40 per share of its common stock, payable on Dec. 19, to shareholders of record as of the close of business on Dec. 4.

Enphase Energy, Inc. (NASDAQ:ENPH) has “just been clobbered already,” Cramer said. “I don’t want you to sell it all the way down here.”

On Oct. 22, Enphase Energy reported third-quarter revenue of $380.9 million, missing the consensus estimate of $391.979 million. The solar company reported adjusted earnings of 65 cents per share, missing analyst estimates of 77 cents per share, according to Benzinga Pro.

Cramer recommended staying away from ZIM Integrated Shipping Services Ltd. (NYSE:ZIM).

On Wednesday, Barclays analyst Alexia Dogani maintained ZIM Integrated Shipping with an Underweight and raised the price target from $12.30 to $13.90.

Price Action:

• Enphase Energy shares gained 3.4% to settle at $81.10 on Thursday.
• Cigna shares gained 0.2% to close at $318.24.
• Zim Integrated Shipping shares rose 0.9% to settle at $22.66 during the session.
• Broadcom shares fell 1.2% to settle at $171.35 on Thursday.
• Blue Bird shares fell 1.7% to close at $41.16 during the session.

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Image: Shutterstock

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector.

DHT Holdings, Inc. (NYSE:DHT)

• Dividend Yield: 9.64%
• BTIG analyst Gregory Lewis initiated coverage on the stock with a Buy rating and a price target of $16 on Oct. 15. This analyst has an accuracy rate of 74%.
• Stifel analyst Benjamin Nolan maintained a Hold rating and raised the price target from $12 to $13 on July 24. This analyst has an accuracy rate of 68%
• Recent News: On Oct 9, DHT Holdings said it estimates third-quarter time charter equivalent earnings for its fleet at $42,400 per day.
• Benzinga Pro’s real-time newsfeed alerted to latest DHT news.

Vitesse Energy, Inc. (NYSE:VTS)

• Dividend Yield: 8.35%
• Alliance Global Partners analyst Jeff Grampp maintained a Buy rating and cut the price target from $28 to $26 on Aug. 7. This analyst has an accuracy rate of 63%.
• Roth MKM analyst John White initiated coverage on the stock with a Buy rating and a price target of $30.5 on Oct. 16, 2023. This analyst has an accuracy rate of 69%.
• Recent News: On Aug. 5, Vitesse Energy posted downbeat quarterly earnings.
• Benzinga Pro’s real-time newsfeed alerted to latest VTS news.

Kinder Morgan, Inc. (NYSE:KMI)

• Dividend Yield: 4.61%
• Morgan Stanley analyst Devin McDermott upgraded the stock from Underweight to Equal-Weight with a price target of $24 on Sept. 16. This analyst has an accuracy rate of 80%.
• Barclays analyst Theresa Chen maintained an Equal-Weight rating and boosted the price target from $21 to $22 on Sept. 13. This analyst has an accuracy rate of 78%.
• Recent News: On Oct. 16, Kinder Morgan reported third-quarter revenue of $3.699 billion, missing the consensus estimate of $3.975 billion, according to Benzinga Pro.
• Benzinga Pro’s charting tool helped identify the trend in KMI stock.

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As of Oct. 9, 2024, two stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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 overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

Morningstar Inc (NASDAQ:MORN)

• On Oct. 8, UBS analyst Alex Kramm initiated coverage on Morningstar with a Buy rating and announced a price target of $390. The company’s stock gained around 10% over the past month and has a 52-week high of $335.67.
• RSI Value: 77.50                              
• MORN Price Action: Shares of Morningstar gained 7.2% to close at $335.28 on Tuesday.

Msci Inc (NYSE:MSCI)

• On Oct. 2, Evercore ISI Group analyst David Motemeden initiated coverage on MSCI with an Outperform rating and announced a price target of $690. The company’s stock gained around 7% over the past month and has a 52-week high of $617.39.
• RSI Value: 71.97
• MSCI Price Action: Shares of MSCI rose 2.1% to close at $596.83 on Tuesday.

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector.

CVR Energy, Inc. (NYSE:CVI)

• Dividend Yield: 8.41%
• JP Morgan analyst Phil Gresh maintained an Underweight rating and slashed the price target from $30 to $26 on July 2. This analyst has an accuracy rate of 60%.
• Goldman Sachs analyst Neil Mehta maintained a Sell rating and increased the price target from $28 to $31 on Sept. 1, 2023. This analyst has an accuracy rate of 68%.
• Recent News: On July 29, CVR Energy posted a profit for the second quarter.
• Benzinga Pro’s real-time newsfeed alerted to latest CVI news

Chord Energy Corporation (NASDAQ:CHRD)

• Dividend Yield: 8.19%
• RBC Capital analyst Scott Hanold reiterated an Outperform rating with a price target of $200 on Sept. 5. This analyst has an accuracy rate of 67%
• Piper Sandler analyst Mark Lear maintained an Overweight rating and cut the price target from $234 to $206 on Aug. 15. This analyst has an accuracy rate of 62%.
• Recent News: On Aug. 7, Chord Energy posted downbeat quarterly earnings.
• Benzinga Pro’s charting tool helped identify the trend in CHRD stock.

Antero Midstream Corporation  (NYSE:AM)

• Dividend Yield: 5.98%
• Goldman Sachs analyst John Mackay reinstated a Neutral rating with a price target of $12.5 on Oct. 6, 2023. This analyst has an accuracy rate of 76%.
• UBS analyst Brian Reynolds maintained a Buy rating and cut the price target from $15 to $14 on Oct. 5. This analyst has an accuracy rate of 79%.
• Recent News: On July 31, Antero Resources posted a second-quarter loss of 21 cents per share.
• Benzinga Pro’s signals feature notified of a potential breakout in AM shares.

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On CNBC’s “Mad Money Lightning Round,” Jim Cramer was asked about Advance Auto Parts (NYSE:AAP). He said, “You’re going to hold it… That company is not a great operator.”

On Aug. 22, the company reported quarterly earnings per share of 75 cents, missing the street view of $1.07. Quarterly sales of $2.683 billion beat the street view of $2.679 billion.

Cramer said “no to Citigroup Inc (NYSE:C), yes to JPMorgan Chase & Co (NYSE:JPM).”

On July 30, Morgan Stanley analyst Betsy Graseck maintained Citigroup with an Overweight rating and raised the price target from $66 to $79.

When asked about IES Holdings, Inc. (NASDAQ:IES), he said, “I know the company, and it’s the right spot.”

On Aug. 2, IES Holding reported a year-over-year increase in third-quarter financial results. Also, the company authorized a $200 million share repurchase program.

IBM (NYSE:IBM) is “doing quite well,” Cramer said. “Arvind Krishna [CEO of IBM] has really reinvented the company, he’s doing a terrific job.”

On Sept. 9, IBM announced its intent to acquire Accelalpha, a global Oracle services provider.

“This is not the moment to own oil,” Cramer said, when asked about Exxon Mobil Corporation (NYSE:XOM).

WTI crude oil prices fell sharply on Tuesday as OPEC cuts its demand forecast.

Price Action:

• Citigroup shares fell 2.7% to settle at $57.95 on Tuesday.
• IES shares rose 2.4% to close at $148.46 during Tuesday’s session.
• IBM shares gained 0.9% to close at $205.32 during Tuesday’s session.
• Advance Auto Parts fell 0.5% to settle at $38.53 during the session.
• Exxon Mobil shares fell 3.6% to close at $110.82 on Tuesday.

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Photo: Shutterstock

As of Sept. 6, 2024, four stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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 overbought when the RSI is above 70, according to Benzinga Pro.

Here’s the latest list of major overbought players in this sector.

Virtu Financial Inc (NASDAQ:VIRT)

• On July 18, Virtu Financial reported better-than-expected second-quarter financial results. Virtu’s board of directors declared a quarterly cash dividend of 24 cents per share. This dividend is payable on Sept. 15 to shareholders of record as of Sept. 1. The company’s stock gained around 14% over the past month and has a 52-week high of $31.75.
• RSI Value: 83.52                              
• VIRT Price Action: Shares of Virtu Financial gained 0.8% to close at $31.44 on Thursday.

KKR Real Estate Finance Trust Inc (NYSE:KREF)

• On July 22, KKR Real Estate Finance posted upbeat quarterly results. The company’s stock gained around 15% over the past month and has a 52-week high of $14.12.
• RSI Value: 70.54
• KREF Price Action: Shares of KKR Real Estate Finance Trust surged 5.7% to close at $12.24 on Thursday.

Heritage Insurance Holdings Inc (NYSE:HRTG)

• On Aug. 6, Heritage Insurance posted upbeat quarterly earnings. “First, on behalf of the entire Heritage family, we wish a swift and complete recovery to all of those impacted by Hurricane Debby.  Our team has been responding to policyholder needs and remains ready to provide outstanding claim service.  With regard to the second quarter, our strong results demonstrate the continued execution of our underwriting and rate adequacy initiatives over the last three years,” remarked Ernie Garateix, CEO at Heritage. The company’s stock gained around 124% over the past month and has a 52-week high of $16.90.
• RSI Value: 75.73
• HRTG Price Action: Shares of Heritage Insurance fell 2.3% to close at $16.27 on Thursday.

First Northwest BanCorp (NASDAQ:FNWB)

• On July 25, First Northwest Bancorp posted better-than-expected quarterly sales. “In spite of challenging times for the entire industry as a result of the rate environment, First Northwest executed on a balance sheet restructure strategy. The restructure included a sale-leaseback transaction for six of our branches, a restructure of our bank-owned life insurance policies, two securities loss sale transactions, two balance sheet hedges against fixed rate loans and municipal bonds and the sale of our Visa B shares,” commented Matthew P. Deines, President and CEO. The company’s stock jumped around 17% over the past month and has a 52-week high is $16.12.
• RSI Value: 72.83
• FNWB Price Action: Shares of First Northwest BanCorp fell 1% to close at $11.57 on Thursday.

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The Nasdaq 100 closed higher by more than 1% during Friday’s session. Investors, meanwhile, focused on some notable insider trades.

When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform.

Williams-Sonoma

• The Trade: Williams-Sonoma, Inc. (NYSE:WSM) EVP CHIEF TALENT OFFICER Karalyn Smith sold a total of 11,100 shares at an average price of $134.66. The insider received around $1.5 million from selling those shares.
• What’s Happening: On Aug. 22, the company reported second-quarter adjusted earnings per share of $1.74, beating the analyst consensus of $1.59.
• What Williams-Sonoma Does: With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category and $450 billion international home market, focused on expanding its exposure in the B2B ($80 billion total addressable market), marketplace, and franchise areas.
• Benzinga Pro’s real-time newsfeed alerted to latest WSM news.

Bank of America

• The Trade: Bank of America Corporation (NYSE:BAC) 10% owner Warren E Buffett sold a total of 21,076,473 shares at an average price of $40.24. The insider received around $848.2 million from selling those shares.
• What’s Happening: On Aug. 16, Bank of America announced redemption of €1.5 billion of floating rate senior notes, due Aug. 24, 2025.
• What Bank of America Does: Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
• Benzinga Pro’s charting tool helped identify the trend in BAC stock.

Build-A-Bear Workshop

• The Trade: Build-A-Bear Workshop, Inc. (NYSE:BBW) CFO Vojin Todorovic sold a total of 10,294 shares at an average price of $33.37. The insider received around $343,493 from selling those shares.
• What’s Happening: On Aug. 29, Build-A-Bear Workshop posted better-than-expected second-quarter financial results.
• What Build-A-Bear Workshop Does: Build-A-Bear Workshop Inc is a U.S.-based specialty retailer of customized stuffed animals and related products.
• Benzinga Pro’s signals feature notified of a potential breakout in BBW shares.

VSE Corp

• The Trade: VSE Corporation (NASDAQ:VSEC) 10% owner Calvin Scott Koonce sold a total of 15,300 shares at an average price of $91.83. The insider received around $1.4 million from selling those shares.
• What’s Happening: On Aug. 20, VSE named Adam Cohn as CFO, effective Sept. 3
• What VSE Does: VSE Corp is a diversified aftermarket products and services company providing repair services, parts distribution, logistics, supply chain management and consulting services for land, sea and air transportation assets to commercial and government markets.
• Benzinga Pro’s Insiders feature was used to track insider trading activity in VSEC’s shares.

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• Top 2 Real Estate Stocks That Could Blast Off This Quarter

U.S. stocks settled higher on Friday, with the Dow Jones index notching a new record high during the session.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.

Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Leo Mariani

• Analyst Firm: Roth MKM
• Ratings Accuracy: 88%
• Latest Rating: Upgraded rating on Coterra Energy Inc. (NYSE:CTRA) from Hold to Buy and raised the price target from $25 to $29 on Aug. 27. This analyst sees around 19% upside in the stock.
• Recent News: On Aug. 1, Coterra Energy reported worse-than-expected second-quarter financial results.

Analyst: Richard Davis

• Analyst Firm: Canaccord Genuity
• Ratings Accuracy: 88%
• Latest Rating: Maintained a Hold rating on Okta, Inc. (NASDAQ:OKTA) and slashed the price target from $95 to $90 on Aug. 29. This analyst sees around 14% upside in the stock.
• Recent News: On Aug. 28, Okta reported quarterly earnings of 72 cents per share, which beat the analyst consensus estimate of 61 cents per share.

Analyst: Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 87%
• Latest Rating: Maintained an Equal-Weight rating on Best Buy Co., Inc. (NYSE:BBY) and increased the price target from $80 to $95 on Aug. 30. This analyst sees around 5% downside in the stock.
• Recent News: On Aug. 29, Best Buy reported better-than-expected second-quarter financial results raised its FY25 earnings guidance.

Analyst: William Stein

• Analyst Firm: Truist Securities
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) and increased the price target from $145 to $148 on Aug. 29. This analyst sees about 24% gain in the stock.
• Recent News: On Aug. 28, Nvidia reported better-than-expected earnings and sales results for its second quarter.

Analyst: Trevor Walsh

• Analyst Firm: JMP Securities
• Ratings Accuracy: 86%
• Latest Rating: Reiterated a Market Outperform rating on SentinelOne, Inc. (NYSE:S) with a price target of $33 on Aug. 28. This analyst sees around 40% upside in the stock.
• Recent News: On Aug. 27, SentinelOne reported quarterly GAAP losses of 22 cents per share, in-line with the analyst consensus estimate.

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• Top 2 Real Estate Stocks That Could Blast Off This Quarter

The most oversold stocks in the real estate 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.

Altisource Asset Management Corp (NYSE:AAMC)

• On Aug. 26, Altisource Asset Management announced intention to voluntarily delist and deregister its common stock from the NYSE American LLC. The company’s stock fell around 50% over the past month and has a 52-week low of $1.10.
• RSI Value: 27.19
• AAMC Price Action: Shares of Altisource Asset Management fell 1.9% to close at $1.28 on Thursday.
• Benzinga Pro’s real-time newsfeed alerted to latest AAMC news.

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)

• On Aug. 6, Wheeler Real Estate Investment Trust reported its financial and operating results for the three and six months ended June 30 on Form 10-Q. The company’s stock fell around 78% over the past month. It has a 52-week low of $1.02.
• RSI Value: 26.52
• WHLR Price Action: Shares of Wheeler Real Estate Investment Trust fell 15.2% to close at $1.17 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in WHLR stock.

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