Top 3 Consumer Stocks You May Want To Dump This Month
As of July 23, 2026, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. 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 overbought when the RSI is above 70, according to Pro. Here’s the latest list of major overbought players in this sector. Best Buy Co Inc (NYSE: BBY ) On July 13, Loop Capital analyst Anthony Chukumba downgraded Best Buy from Buy to Hold and maintained the price target of $82. The company’s stock gained around 16% over the past month and has a 52-week high of $87.35. RSI Value: 76.6 BBY Price Action: Shares...
As of July 23, 2026, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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 overbought when the RSI is above 70, according to Pro.
Here’s the latest list of major overbought players in this sector.
Best Buy Co Inc (NYSE: BBY ) On July 13, Loop Capital analyst Anthony Chukumba downgraded Best Buy from Buy to Hold and maintained the price target of $82.
The company’s stock gained around 16% over the past month and has a 52-week high of $87.35.
RSI Value: 76.6 BBY Price Action: Shares of Best Buy rose 2.2% to close at $87.11 on Wednesday.
Edge Stock Ratings: 88.64 Momentum score with Value at 67.17.
BJ’s Restaurants Inc (NASDAQ: BJRI ) On July 20, Citigroup analyst Jon Tower maintained BJ’s Restaurants with a Neutral and raised the price target from $47 to $68.
The company’s stock gained around 27% over the past month and has a 52-week high of $70.40.
RSI Value: 72.2 BJRI Price Action: Shares of BJ’s Restaurants fell 0.6% to close at $67.52 on Wednesday.
Wolverine World Wide Inc (NYSE: WWW ) On May 14, Wolverine World Wide reported better-than-expected first-quarter financial results and raised its FY26 guidance. “The team delivered a solid start to 2026, with first quarter revenue, gross margin, and earnings per share all exceeding our expectations,” said Chris Hufnagel, President and Chief Executive Officer of Wolverine Worldwide.
The company’s stock gained around 17% over the past month and has a 52-week high of $32.80.
RSI Value: 71.9 WWW Price Action: Shares of Wolverine World Wide gained 5.2% to close at $19.64 on Wednesday.
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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