Top 3 Risk Off Stocks that May Explode In Q2

Coty
Flowers Foods
Us Foods Holding

Coty

COTY

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Flowers Foods

FLO

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Us Foods Holding

USFD

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The most oversold stocks in the consumer staples 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.

US Foods Holding Corp (NYSE:USFD)

  • On May 14, US Foods appointed CEO Dave Flitman to additional role of board chair. The company's stock fell around 13% over the past month and has a 52-week low of $69.88.
  • RSI Value: 28.4
  • USFD Price Action: Shares of US Foods fell 1% to close at $81.25 on Tuesday.
  • Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.

Coty Inc (NYSE:COTY)    

  • On May 5, Coty posted third-quarter adjusted loss of 3 cents per share. “Q3 marked an important step toward restoring consistent performance commensurate with Coty’s outstanding assets and capabilities,” said Markus Strobel, Executive Chairman and Interim Chief Executive Officer. The company's stock fell around 16% over the past five days and has a 52-week low of $1.92.
  • RSI Value: 27.5
  • COTY Price Action: Shares of Coty fell 4% to close at $1.93 on Tuesday.
  • Benzinga Pro’s charting tool helped identify the trend in COTY stock.

Flowers Foods Inc (NYSE:FLO)

  • On May 18, Stephens & Co. analyst Jim Salera maintained Flowers Foods with an Equal-Weight rating and lowered the price target from $11 to $8. The company's stock fell around 18% over the past month and has a 52-week low of $7.00.
  • RSI Value: 27.5
  • FLO Price Action: Shares of Flowers Foods fell 1.6% to close at $7.21 on Tuesday.
  • Benzinga Pro’s signals feature notified of a potential breakout in FLO shares.

BZ Edge Rankings: Find out where other stocks stand—explore the full comparison now.

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