The most oversold stocks in the communication services 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.
GameSquare Holdings Inc (NASDAQ:GAME)
On Aug. 10, GameSquare reported better-than-expected second-quarter sales results and affirmed its FY26 sales guidance above estimates. Justin Kenna, CEO of GameSquare said, “GameSquare delivered a strong second quarter, which was ahead of plan, with positive results accelerating meaningfully from first quarter and year-over-year levels.” The company’s stock fell around 2% over the past five months and has a 52-week low of $1.88.
