Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In September

The most oversold stocks in the industrials 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.

TuSimple Holdings Inc. TSP

  • TuSimple received expected notice from the Nasdaq related to delayed filing of quarterly report on form 10-Q. The company’s stock has a 52-week low of $0.75 .
  • RSI Value: 28.62
  • TSP Price Action: Shares of TuSimple Holdings fell around 4.8% to close at $1.19 on Wednesday.

Alaska Air Group, Inc. ALK

  • Alaska Air Group said passenger levels for the Labor Day period are expected to be at pre-pandemic levels. It has a 52-week low of $37.20.
  • RSI Value: 21.72
  • ALK Price Action: Shares of Alaska Air rose 0.5% to close at $40.54 on Wednesday.

L3Harris Technologies, Inc. LHX

  • Firefly Aerospace, Inc. signed a multi-launch agreement with L3Harris Technologies for three dedicated launches on Firefly's Alpha vehicle in 2026. The company’s stock has a 52-week low of $170.03.
  • RSI Value: 29.14
  • LHX Price Action: Shares of L3Harris Technologies fell 1.3% to close at $170.19 on Wednesday.

Pitney Bowes Inc. PBI

  • Pitney Bowes reported a second-quarter FY23 sales decline of 10.9% year-on-year to $776.48 million, missing the analyst consensus of $809.61 million. "Domestic parcel volumes grew close to 30 percent, which we expect to continue in the second half. Importantly, the refinancing of our 2024 notes and execution of the restructuring plan announced last quarter further position the company for the long-term," said Marc B. Lautenbach, President and Chief Executive Officer. The company’s 52-week low is $2.30.
  • RSI Value: 28.67
  • PBI Price Action: Shares of Pitney Bowes fell 0.7% to close at $2.98 on Wednesday.

American Airlines Group Inc. AAL

  • The U.S. Department of Transportation (DOT) fined American Airlines Group $4.1 million for violating federal statutes and the department’s rule. The company has a 52-week low of $11.65.
  • RSI Value: 28.09
  • AAL Price Action: Shares of American Airlines rose 0.2% to close at $14.33 on Wednesday.

 

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