Lithia Motors Enters Oversold Territory
From Nasdaq: 2025-01-06 15:55:11
The DividendRank formula at Dividend Channel ranks Lithia Motors Inc (LAD) in the top 50% of dividend stocks, indicating it is worth further investor research. LAD shares entered oversold territory at $342 per share on Monday, with an RSI reading of 29.2, lower than the average of 44.0. This creates a potential opportunity for dividend investors, as LAD’s annual yield is 0.61%. A bullish investor may see the low RSI as a signal of selling exhaustion and consider entry points. Check out other oversold dividend stocks for potential opportunities.
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