Top 5 Tech And Telecom Stocks That May Rocket Higher This Month

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

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

Angi Inc. (NASDAQ:ANGI)

  • Angi will post its first quarter results after the close of market trading on Tuesday, May 7, 2024. The company’s stock fell around 22% over the past month and has a 52-week low of $1.55 .
  • RSI Value: 28.70
  • ANGI Price Action: Shares of Angi fell 2.9% to close at $2.01 on Tuesday.

Direct Digital Holdings, Inc. (NASDAQ:DRCT)

AT&T Inc. (NYSE:T)

  • On March 31, AT&T said personal data from 73 million current and former customers account holders was leaked. The company’s stock fell around 4% over the past five days and has a 52-week low of $13.43.
  • RSI Value: 28.46
  • T Price Action: Shares of AT&T fell 0.9% to close at $16.09 on Tuesday.

Electronic Arts Inc. (NASDAQ:EA)

  • Electronic Arts is expected to release its financial results for the fiscal quarter and year ended March 31, 2024 after the close of market on Tuesday, May 7, 2024. The company’s shares lost around 4% over the past month. The company’s 52-week low is $117.47.
  • RSI Value: 28.21
  • EA Price Action: Shares of Electronic Arts fell 0.4% to close at $126.55 on Tuesday.

GD Culture Group Limited (NASDAQ:GDC)

  • On March 22, GD Culture Group announced a registered direct offering. The company’s shares fell around 53% over the past month. The company has a 52-week low of $0.5850.
  • RSI Value: 19.60
  • GDC Price Action: Shares of GD Culture Group gained 7.7% to close at $0.6699 on Tuesday.

 

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