The industrials sector is ripe with opportunities, as oversold stocks present a chance to invest in undervalued companies.

The RSI, a momentum indicator, reveals stocks that are oversold when the value falls below 30, indicating a potential short-term upturn. Here’s a look at three key oversold players in the sector:

Agrify Corporation AGFY

• With a recent sales agreement, Agrify has positioned itself in the California cannabis market. Despite a stock drop of approximately 33% over the past five days, its RSI value stands at 25.88, signaling potential for a turnaround.
• AGFY Price Action: Shares of Agrify closed at $0.6050 on Friday.

SES AI Corporation SES

• SES AI posted a smaller-than-predicted third-quarter loss and is on the verge of achieving a significant milestone with Li-Metal batteries. Despite a stock decrease of around 18% over the past five days, its RSI value of 28.63 indicates a potential upswing.
• SES Price Action: Shares of SES AI closed at $1.23 on Friday.

Spirit Airlines, Inc. SAVE

• Following the disclosure of compliance issues with a merger deal, Spirit Airlines endured a stock decline of around 62% over the past month. Despite this, with an RSI value of 25.99, the airline may be poised for a rebound.
• SAVE Price Action: Shares of Spirit Airlines closed at $6.25 on Friday.

Investors should keep a close watch on these industrials stocks as they may offer an attractive entry point. With the potential for a growth spurt, these oversold stocks present an intriguing investment opportunity in the upcoming quarter.

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