"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined"

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Top 3 Tech Stocks You'll Regret Missing In Q4

Avi Kapoor
October 24, 2024

The most oversold stocks in the information technology 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.

YXT.Com Group Holding Ltd – ADR (NASDAQ:YXT)

  • On Oct. 10, YXT.com Group expanded customer base to include over 200 Fortune 500 companies in China. The company's stock fell around 42% over the past month and has a 52-week low of $2.10.
  • RSI Value: 29.6347                    
  • YXT Price Action: Shares of YXT.Com fell 6.3% to close at $2.10 on Wednesday.
  • Benzinga Pro's real-time newsfeed alerted to latest YXT news.

Verint Systems Inc. (NASDAQ:VRNT)    

  • On Sept. 25, Needham analyst Joshua Reilly reiterated Verint with a Buy and maintained a $40 price target. The company's stock fell around 6% over the past five days and has a 52-week low of $18.41.
  • RSI Value: 21.29
  • VRNT Price Action: Shares of Verint fell 0.6% to close at $21.89 on Wednesday.
  • Benzinga Pro’s charting tool helped identify the trend in VRNT stock.

Seagate Technology Holdings PLC (NASDAQ:STX)

  • On Oct. 22, the company reported first-quarter revenue of $2.17 billion, beating the consensus of $2.119 billion. Adjusted gross margin rose to 33.3% from 19.8% a year ago quarter. Adjusted operating margin escalated to 20.4% from 2.8% in the prior-year quarter. Adjusted EPS of $1.58 beat the consensus of $1.46. The company's shares fell around 8% over the past five days and has a 52-week low of $64.12.
  • RSI Value: 27.97
  • STX Price Action: Shares of Seagate fell 8.1% to close at $103.52 on Wednesday.
  • Benzinga Pro’s signals feature notified of a potential breakout in STX shares.

Read More:

  • Wall Street’s Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields

Continue Reading...

Popular

Top 3 Risk Off Stocks That May Collapse This Month

Three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Act by January 28th: Discover Elon's Mind-Blowing New Invention! - Ad

When you click here you'll discover what Elon Musk's newest invention can do... And how it works... You might think it's straight out of a sci-fi movie. But Elon just conducted a real-life test on a human, and the outcome was astonishing.

Consumer Tech News (Dec 2-Dec 6): FBI Advises To Adopt Encrypted Messaging Apps, Elon Musk Completed First Starlink Satellite Constellation & More

FBI advises using encrypted messaging apps to safeguard communications; Gamers spend more time watching gaming content than playing; Disney+ expands with ESPN integration; Amazon unveils AI chip clusters to enhance performance for partners.

Bitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings

Bitcoin ETFs have now accumulated more Bitcoin (CRYPTO: BTC) than the holdings of Bitcoin’s

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

US Stocks Pause, South Korea ETFs Fall On Political Turmoil, Oil Prices Rise Above $70: What's Driving Markets Tuesday?

U.S. stocks paused for a breather Tuesday, with major equity indices hovering near the flatline as investors digested global developments, including China’s ban on key raw material exports to the U.S.

Work-life balance isn't working for women. Why?

NEW YORK (AP) — About half of working women reported feeling stressed “a lot of the day," compared to about 4 in 10 men, according to a published this week.

Watch Jeff's New Demo: Elon Musk's New $9 Trillion AI Product - Ad

Why is Jeff Brown blindfolded and with his hands tied behind his back? It's all part of a crazy experiment involving a Cybertruck. See this demo because if Jeff is right... Elon Musk could make a lot of people rich with his new AI technology.

Hunt for the gunman who killed UnitedHealthcare's CEO heads into third day as new clues emerge

NEW YORK (AP) — As the investigation into a masked gunman who the head of one of the largest U.S. health insurers moved into its third day Friday, possible leads emerged about his travel before the shooting and a message scrawled on ammunition found at the crime scene.

AI Startup iGenius Taps Nvidia For AI Data Center In Italy Leveraging Blackwell Chips

In 2025, iGenius will build a large data center in Italy with 80 of Nvidia's advanced servers to develop open-source AI solutions for secure industries.

Elon Musk Is in Trump's "Inner Circle" - Ad

Elon Musk is one of Donald Trump's closest allies. James Altucher says that what Elon has planned next could lead to the world's first "Super-IPO" -- creating $100 billion on the first day it goes public! This "backdoor" play could be the best way to profit before the IPO...Starting with as little as $50.

Trump's Trade Policies Pose Greater Risk To South Korea's Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: 'A Lot More Uncertainty'

The governor of the Bank of Korea, Rhee Chang-yong, expressed that the South Korean economy is more threatened by the trade policies of Donald Trump than the current political crisis in the country.

Why Is Telomir Pharmaceuticals Stock Trading Higher On Tuesday?

Telomir Pharmaceuticals unveils preclinical data on Telomir-1, highlighting its potential in Type 2 diabetes, aging, and inflammatory diseases.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

SoFi Unlocks SpaceX Exposure For Retail Investors: Here's How

SoFi Technologies announced expanded access to alternative investments on Wednesday through three new private market funds, including the Cosmos Fund which exclusively holds SpaceX stock. 

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined" - Ad

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Commanders hire Campbell's CEO Mark Clouse as their new team president

WASHINGTON (AP) — The hired Mark Clouse as their new team president Tuesday, putting the longtime food executive in charge of all facets of the organization's business operations when he starts in late January.

WWE is seeking a bigger stage and Netflix, pushing for more live events, is providing it

WWE will perform on a stage next month that could be vastly larger than its current home on cable television when “Raw,” its weekly live show, makes its debut on Netflix.

Exposed: 3 Cent Crypto to Explode December 16th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on December 16th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Wegovy Maker Novo Nordisk To Buy Novavax's Czech Republic Manufacturing Facility For $200 Million

Novavax sells Czech manufacturing facility to Novo Nordisk for $200 million, aiming to cut costs by $80 million annually and support its growth strategy.

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

HANOI, Vietnam (AP) — The death sentence for real estate tycoon was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy.

Huge Tesla Pivot Changes Everything - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars...TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals

GENEVA (AP) — World Cup sponsor Bank of America teamed with FIFA for a second time Tuesday, signing for the Club World Cup that still has no broadcast deals just over six months before games start.

[VIDEO] Watch Cannabis Farm Rattled By California's 7.0 Earthquake

Watch Humboldt Flower Company earthquake footage as a magnitude 7 quake shakes cannabis grow room, triggering a tsunami warning in California.

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Sony-Honda EV Dream Collides With Trump-Backed Policy Shift Reality Ahead Of 2026 US Launch

Sony Group and Honda Motor's joint electric vehicle venture faces significant headwinds as it prepares to enter the U.S. market in 2026, amid expected policy changes under President-elect Donald Trump that could reshape the EV landscape.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Financial and community hurdles slow geothermal energy development in Southeast Asia

JAKARTA, Indonesia (AP) — Providing round-the-clock energy, using minimal space and considered a clean source of power — geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments are seeking to transition away from highly polluting fossil fuels.

Forget Nvidia, Apple, Tesla, and Google - Ad

Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."

TikTok defends handling of Romania election content in grilling by EU lawmakers

BUCHAREST, Romania (AP) — TikTok took down several networks that tried to meddle in Romania's elections, executives said Tuesday as they defended the company's election integrity measures to European Union lawmakers.

Tesla Cybertruck Crash In California Claims 3 Lives, Leaves 1 Seriously Injured

In a tragic incident early Wednesday, a Tesla Cybertruck crashed in Piedmont, California, resulting in three fatalities and one serious injury.

Elon Musk: "AI Will Run Out of Electricity ... in 2025" - Ad

This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.

Super Micro's shares jump after server maker says review finds no evidence of misconduct

NEW YORK (AP) — Just over a month after Ernst & Young , Super Micro Computer says a review committee has found no evidence of fraud or misconduct among the server maker’s leadership.

Top 3 Consumer Stocks That May Keep You Up At Night This Quarter

Three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Why Is This Bull Run Scaring JP Morgan, Goldman Sachs, and Warren Buffett? - Ad

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service