Wall Street is coming off a losing week, with the Nasdaq Composite Index closing 1.9% lower, the S & P 500 falling 1.3% and the Dow Jones Industrials shedding 0.8%.
By contrast, here are the most oversold stocks in the S & P 500: Alaska Air Group has the highest projected upside on the list (+60%), continuing last week's trend .
Walgreens Boots Alliance is another of the most oversold companies in the S & P 500.
Viatris was the most oversold company in the S & P 500 with a 14-day RSI less than 7.
Discount retailers Dollar Tree and Dollar General as well as chemical manufacturer FMC are also among the most oversold companies in the S & P 500.
Persons:
Dow Jones, Piper, Baker Hughes, Viatris, Pfizer's Upjohn
Organizations:
Federal Reserve, Nasdaq, CNBC Pro, Technology, Intuit, IBM, Accenture, CNBC, Autodesk, Verisk, Alaska Air Group, Walgreens Boots Alliance, Walgreens, Wall Street, FMC
Locations:
Seattle, Mylan