Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Top 3 Financial Stocks That Could Lead To Your Biggest Gains In Q4

Avi Kapoor
December 03, 2024

The most oversold stocks in the financial 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.

Inter & Co Inc (NASDAQ:INTR)

  • On Nov. 14, Inter & Co posted better-than-expected quarterly sales. “We had a solid third quarter, reporting increased profitability and growth in both fee and interest income. Our focus on executing the 60/30/30 plan by increasing market share and product penetration, while we maintain efficiency gains is paying off.” The company's stock fell around 29% over the past month and has a 52-week low of $4.32.
  • RSI Value: 19.97                        
  • INTR Price Action: Shares of Inter fell 1.3% to close at $4.56 on Monday.
  • Benzinga Pro's real-time newsfeed alerted to latest INTR news.

Nu Holdings Ltd (NYSE:NU)        

  • On Dec. 2, Citigroup downgraded its rating from Neutral to Sell on the stock and lowered its price target from $14.6 to $11. The company's stock fell around 14% over the past five days and has a 52-week low of $8.06.
  • RSI Value: 26.71
  • NU Price Action: Shares of Nu Holdings fell 4.2% to close at $12.00 on Monday.
  • Benzinga Pro’s charting tool helped identify the trend in NU stock.

AppTech Payments Corp (NASDAQ:APCX)

  • On Nov. 15, AppTech Payments reported a quarterly loss of 8 cents per share, which missed the analyst consensus estimate of a loss of 6 cents per share. “Our Q3 results reflect our focused approach to refining digital payment solutions and advancing strategic platform development to serve key sectors better,” said Luke D’Angelo, Chairman and CEO of AppTech. The company's stock fell around 37% over the past month and has a 52-week low of $0.38.
  • RSI Value: 25.34
  • APCX Price Action: Shares of AppTech Payments fell 12.5% to close at $0.42 on Monday.
  • Benzinga Pro’s signals feature notified of a potential breakout in APCX shares.

Read This Next:

  • This Analyst With 85% Accuracy Rate Sees More Than 8% Upside In CrowdStrike – Here Are 5 Stock Picks For November From Wall Street’s Most Accurate Analysts

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