The most oversold stocks in the consumer discretionary 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.

Lotus Technology Inc – ADR (NASDAQ:LOT)

• On Dec. 2, Lotus Technology reported delivery of 9,871 vehicles in the first eleven months of 2024. The company's stock fell around 16% over the past month and has a 52-week low of $3.35.
• RSI Value: 26.97                        
• LOT Price Action: Shares of Lotus Technology fell 0.6% to close at $3.64 on Wednesday.
• Benzinga Pro's real-time newsfeed alerted to latest LOT news.

Hamilton Beach Brands Holding Co (NYSE:HBB)        

• On Oct.30, Hamilton Beach Brands posted third-quarter earnings of 14 cents per share, down from 74 cents per share in the year-ago period. The company's stock fell around 11% over the past five days and has a 52-week low of $14.34.
• RSI Value: 29.54
• HBB Price Action: Shares of Hamilton Beach Brands fell 0.8% to close at $17.66 on Wednesday.
• Benzinga Pro’s charting tool helped identify the trend in HBB stock.

Krispy Kreme Inc (NASDAQ:DNUT)

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