Top 3 Financial Stocks That Could Blast Off This Month

The most oversold stocks in the financial 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 Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Regional Management Corp. (NYSE: RM ) On July 29, Regional Management posted upbeat quarterly earnings. “We delivered strong second quarter revenue of $168 million and improved our operating expense ratio by 80 basis points year-over-year to 12.4%, while growing our higher-quality auto-secured portfolio and returning capital t...