Top 5 Real Estate Stocks That May Explode In August

The most oversold stocks in the real estate 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.

Braemar Hotels & Resorts Inc. (NYSE:BHR)

Healthcare Realty Trust Incorporated (NYSE:HR)

  • Healthcare Realty Trust posted upbeat quarterly sales. It has a 52-week low of $16.50.
  • RSI Value: 28.84
  • HR Price Action: Shares of Healthcare Realty Trust fell 0.4% to close at $16.81 on Thursday.

Medical Properties Trust, Inc. (NYSE:MPW)

RE/MAX Holdings, Inc. (NYSE:RMAX)

Bluerock Homes Trust, Inc. (NYSE:BHM)

  • The company’s stock declined 17% over the past month. The company has a 52-week low of $13.01.
  • RSI Value: 23.96
  • BHM Price Action: Shares of Bluerock Homes Trust rose 1.5% to close at $13.33 on Thursday.

 

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