The most oversold stocks in the industrials 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.

Union Pacific Corp (NYSE:UNP)

  • On Sept. 16, UBS analyst Thomas Wadewitz upgraded Union Pacific from Neutral to Buy and raised the price target from $310 to $339. The company’s stock fell around 13% over the past month and has a 52-week low of $215.53.
  • RSI Value: 19.4
  • UNP Price Action: Shares of Union Pacific fell 3.5% to close at $269.63 on Monday.
  • Edge Stock Ratings: 68.20 Momentum score with Value at 50.98.

CSX Corp (NASDAQ:CSX)          

  • On Sept. 18, B of A Securities analyst Ken Hoexter maintained CSX with a Buy and lowered the price target from $56 to $55. The company’s stock fell around 11% over the past month and has a 52-week low of $32.84.
  • RSI Value: 21.9
  • CSX Price Action: Shares of CSX fell 2.4% to close at $45.99 on Monday.
  • Benzinga Pro’s charting tool helped identify the trend in CSX stock.

Waste Management Inc (NYSE:WM)

  • On Sept. 15, Wolfe Research analyst Nigel Coe assumed Waste Management with a Peer Perform rating. The company’s stock fell around 9% over the past month has a 52-week low of $194.11.
  • RSI Value: 25.1
  • WM Price Action: Shares of Waste Management fell 1.9% to close at $207.04 on Monday.
  • Benzinga Pro’s signals feature notified of a potential breakout in WM shares.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

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