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.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

• 1-800-FLOWERS.COM acquired the gifting platform SmartGift Inc. The financial terms of the transaction were not disclosed.
• The company’s stock has a 52-week low of $5.82 .
• RSI Value: 29.18
• FLWS Price Action: Shares of 1-800-FLOWERS.COM fell 7.6% to close at $7.51 on Thursday.

Stitch Fix, Inc. (NASDAQ:SFIX)

Sonic Automotive, Inc. (NYSE:SAH)

• Sonic Automotive reported worse-than-expected Q1 EPS and sales results. The company’s stock has a 52-week low of $16.14.
• RSI Value: 26.78
• SAH Price Action: Shares of Sonic Automotive fell 4.2% to close at $39.98 on Thursday.

2U, Inc. (NASDAQ:TWOU)

GoPro, Inc. (NASDAQ:GPRO)

• GoPro is expected to release its financial results for the first quarter ended March 31, 2023, after the market closes on May 9, 2023. The company has a 52-week low of $4.03.
• RSI Value: 27.93
• GPRO Price Action: Shares of GoPro rose 0.2% to close at $4.16 on Thursday.

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