These stocks have fallen too much, too fast and could be due for a rebound after broad market sell-off

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Investment Strategy News

Stock Markets,S&P 500 Index,Crowdstrike Holdings Inc

Crowdstrike is one of this week's most oversold names.

This week's market sell-off has pushed several stocks into oversold territory — potentially setting these names for a rebound in the future. The S & P 500 fell more than 2%, as a weaker-than-expected U.S. jobs report stoked fears of a broader economic slowdown. The Nasdaq Composite and Dow Jones Industrial Average also shed more than 2% each. Friday's losses pushed the tech-heavy Nasdaq into correction territory, down more than 10% from a record set last month.

mountain Lululemon shares over the last 12 months To be sure, there are some names that are overbought and could see a pullback — despite the broader market sell-off. Some of this week's most overbought companies include defense giant Lockheed Martin , tobacco company Philip Morris International and FirstEnergy . Of the names on the list, Lockheed Martin has the highest 14-day RSI reading of 93.7.

 

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