Oversold Stocks Present Potential Buying Opportunities
Undervalued companies in the financial sector can offer a chance to invest in stocks positioned for a potential rebound.
Apollo Commercial Real Estate Finance Inc (ARI)
- Recent earnings release on Aug. 6 showed positive results. Stock fell by 13% in the past month, hitting a 52-week low of $8.76. RSI Value: 25.60. ARI stock closed at $8.89 on Friday.
- Benzinga Pro’s real-time updates provided the latest news on ARI.
Ready Capital Corp (RC)
- Analyst maintained “Neutral” rating on Sept. 16 with a lowered price target. Stock fell by 7% in the past month, reaching a 52-week low of $7.23. RSI Value: 29.84. RC stock closed at $7.31 on Friday.
- Benzinga Pro’s charting tool highlighted the trend in RC stock.
Ellington Financial Inc (EFC)
- Second-quarter results fell short of expectations. Stock declined by 5% in the past month, hitting a 52-week low of $10.88. RSI Value: 29.38. EFC stock closed at $12.46 on Friday.
- Benzinga Pro’s signals hinted at a potential breakout in EFC shares.
