Top Oversold Communication Stocks to Consider for Investment

Investors should take the opportunity presented by the most oversold stocks in the communications services sector, as these companies may be undervalued.

The Relative Strength Index (RSI) is a momentum indicator that assesses the strength of a stock during periods of price increases compared to times of price decreases. This comparison helps traders gauge a stock’s potential short-term performance. According to Benzinga Pro, a stock is generally considered oversold when its RSI falls below 30.

Here’s the latest list of major oversold players in the communications sector, with RSI values near or below 30.

Sohu.com Ltd – ADR SOHU

On February 18, Sohu.com reported a non-GAAP net loss of $15 million for the fourth quarter, compared to a loss of $11 million the previous year. Total revenue decreased 5% from the prior year to $135 million. Dr. Charles Zhang, the company’s Chairman and CEO, noted, “In the fourth quarter of 2024, our brand advertising revenues met the high end of our guidance, and both online game revenues and overall performance exceeded expectations. We continue to enhance our Sohu media platform by refining products, optimizing algorithms, and strictly managing budgets.” The company’s stock has decreased by about 41% over the past month, reaching a 52-week low of $7.79.
RSI Value: 19.3
SOHU Price Action: Shares of Sohu increased by 5.3%, closing at $8.33 on Thursday.
Edge Stock Ratings: Momentum score of 17.24 with a value rating of 91.56.

IAC Inc IAC

IAC is scheduled to release its first quarter results following the closing bell on Monday, May 5. The company’s stock has fallen about 17% over the past month, hitting a 52-week low of $32.08.
RSI Value: 28.7
IAC Price Action: Shares of IAC rose by 0.8% to close at $33.02 on Thursday.
Benzinga Pro’s charting tool has identified the trend in IAC stock.

Integral Ad Science Holding Corp IAS

On April 17, Morgan Stanley analyst Matthew Cost assigned Integral Ad Science an Equal-Weight rating while lowering the price target from $13.50 to $12.50. The company’s stock has dropped approximately 28% in the last month, reaching a 52-week low of $6.32.
RSI Value: 28.4
IAS Price Action: Integral Ad Science shares increased by 1.7%, closing at $6.52 on Thursday.
Benzinga Pro’s signals indicated a potential breakout in IAS shares.