From Nasdaq: 2025-06-07 09:47:00

The Relative Strength Index (RSI) is a key indicator for short-term trading signals. An RSI below 30 indicates a stock is oversold, while above 70 suggests it may be overheated. Three oversold stocks with potential for a rebound are Copart, Cooper Companies, and UnitedHealth Group.

Copart Inc. (NASDAQ: CPRT) has seen a sharp decline, with the RSI hitting just 21. Despite an underwhelming earnings report, analysts see the stock as undervalued. JPMorgan Chase set a price target of $55, above current levels, making the risk/reward attractive for investors.

Cooper Companies Inc. (NASDAQ: COO) has been sliding but surprised investors with strong earnings. The stock jumped 6% in response, with short interest potentially turning into a bullish driver as traders cover their positions.

UnitedHealth Group Inc. (NYSE: UNH) has faced challenges, but recent stability in share price and bullish signals like a MACD crossover have analysts optimistic. KeyCorp reiterated an Overweight rating with a $400 price target, signaling potential upside of over 35%.



Read more at Nasdaq:: 3 Oversold Stocks Flashing Bullish Reversal Signals