The most oversold stocks in the utilities 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.Kenon Holdings Ltd (NYSE:KEN)
On June 1, Kenon Holdings posted an increase in quarterly sales. The company's stock fell around 18% over the past month and has a 52-week low of $34.52.
RSI Value: 29.9
KEN Price Action: Shares of Kenon Holdings fell 3.3% to close at $74.06 on Tuesday.
Edge Stock Ratings: 88.97 Momentum score with Value at 62.46.
