Identifying Oversold Consumer Discretionary Stocks for Investment

The consumer discretionary sector is presenting attractive opportunities for investors looking to buy undervalued companies. Currently, several stocks in this category are identified as oversold, indicating potential for recovery.

The Relative Strength Index (RSI) serves as a valuable momentum indicator by comparing the strength of a Stock during price increases to its performance during price declines. Generally, when the RSI is below 30, the asset is considered oversold, according to Benzinga Pro.

The following stocks have RSI values near or below 30, indicating them as potential investments:

Funko Inc FNKO

• On April 14, Funko announced plans for the first Southeast Asian Funko-licensed store by local retailer Funtastik Enterprises Corp in the Philippines, set to open in June 2025. “As a global brand, Funko is committed to expanding our presence in the most engaged and fastest-growing fan communities,” stated CEO Cynthia Williams. However, Funko’s Stock has dropped approximately 45% in the last month, reaching a 52-week low of $3.90.
• RSI Value: 24.5
• FNKO Price Action: Shares fell 7.6%, closing at $4.04 on Monday.
• Edge Stock Ratings: 11.74 Momentum score with Value at 23.59.

GoPro Inc GPRO

• GoPro is scheduled to release its financial results for the first quarter ended March 31, after market close on May 12. The company’s Stock has declined about 39% over the past month, and it reached a 52-week low of $0.40.
• RSI Value: 28.0
• GPRO Price Action: Shares fell 5.7%, closing at $0.50 on Monday.
• Benzinga Pro’s charting tool assisted in identifying the trend in GPRO Stock.

Sweetgreen Inc SG

• Sweetgreen will report financial results for the first quarter on May 8, after market close. Over the last month, Sweetgreen’s Stock price dropped about 35%, with a 52-week low of $16.28.
• RSI Value: 25.5
• SG Price Action: Shares decreased by 8.2%, closing at $16.96 on Monday.
• Benzinga Pro’s alerts indicated a potential breakout in SG stock.

To explore more about BZ Edge Rankings—Click for scores of other stocks in the sector and to see how they stack up against the competition.

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