Microsoft is one of the most overbought stocks on Wall Street. Here are the others

The S & P 500 ended the week with a modest gain, but some names could soon be due for a pullback, according to one market metric. Even though it was an overall positive week for the market, with the broad market index posting a weekly gain of 0.6%, trepidation rose as the artificial intelligence-bolstered rally finally showed some signs of weakness. Shares of AI darling Nvidia fell 4% on the week, ringing alarm bells that the tech-dominated market might finally be overextended.

"We like GLW's positioning to participate in many mega trends in the coming years, but think current valuation captures the bulk of expected upside to estimates and are moving away from our given our view of a more balanced risk-reward," she wrote on June 13 On the other hand, American Airlines , with an RSI of 29, is among one of Wall Street's most oversold stocks. Shares have tumbled almost 19% year to date.

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