Top 3 Risk Off Stocks That May Surge This Quarter

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.

Constellation Brands Inc (NYSE:STZ)

• On Monday, Piper Sandler downgraded the stock from Overweight to Neutral and lowered its price target to $200. The company' stock fell around 20% over the past month and has a 52-week low of $166.02.
• RSI Value: 28.4                          
• STZ Price Action: Shares of Constellation fell 2.1% to trade at $177.09 on Monday.
• Benzinga Pro's real-time newsfeed alerted to latest STZ news.

J & J Snack Foods Corp (NASDAQ:JJSF)         

• J & J Snack Foods will release its fiscal 2025 first quarter financial results, after the closing bell today. The company's stock fell around 13% over the past month and has a 52-week low of $132.88.
• RSI Value: 23.4
• JJSF Price Action: Shares of J & J Snack Foods dipped 3.2% to trade at $132.88 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in JJSF stock.

elf Beauty Inc (NYSE:ELF)

• LiveWire Group will release its fourth quarter and year-end financial results before the opening bell on Wednesday, Feb. 5. The company's stock fell around 25% over the past month and has a 52-week low of $92.20.
• RSI Value: 26.4
• ELF Price Action: Shares of elf Beauty fell 5.3% to trade at $94.57 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in ELF shares.

Read This Next:

• Wall Street’s Most Accurate Analysts Give Their Take On 3 Energy Stocks Delivering High-Dividend Yields