Top 3 Health Care Stocks That Are Set To Fly This Quarter

Avi Kapoor

August 16, 2024

The most oversold stocks in the health care 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.

Haemonetics Corporation (NYSE:HAE)

On Aug. 8, Haemonetics posted better-than-expected quarterly earnings. The company's stock fell around 19% over the past month and has a 52-week low of $70.74.
RSI Value: 25.47
HAE Price Action: Shares of Haemonetics gained 1.1% to close at $73.99 on Thursday.
Benzinga Pro's real-time newsfeed alerted to latest HAE news.

Immunitybio Inc (NASDAQ:IBRX)

On Aug. 6, ImmunityBio announced study of ANKTIVA in combination with the AdHER2DC cancer vaccine as a potential therapy to control endometrial cancer. The company's stock fell around 38% over the past month. It has a 52-week low of $1.25.
RSI Value: 29.87
IBRX Price Action: Shares of Immunitybio rose 2.6% to close at $3.98 on Thursday.
Benzinga Pro’s charting tool helped identify the trend in IBRX stock.

Progyny Inc (NASDAQ:PGNY)

On Aug. 6, Progyny reported worse-than-expected second-quarter revenue results. “The rate of utilization in the second quarter was consistent with our expectations, indicating that the demand for treatment remains both healthy and within the range of our long-established patterns,” said Pete Anevski, Chief Executive Officer of Progyny. The company's shares fell around 31% over the past month and has a 52-week low of $19.60.
RSI Value: 29.06
PGNY Price Action: Shares of Progyny rose 1.7% to close at $20.85 on Thursday.
Benzinga Pro’s signals feature notified of a potential breakout in PGNY shares.

Read Next:

Jim Cramer Recommends Buying Clorox: ‘CEO Has Done Remarkable Job’

Recommended

A 10,000% Dividend?!? - Ad

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

Imminent FDA Decision Could End Obesity in America... - Ad

Movies about Kamala Harris and Donald Trump hit theaters in October. Find out the differences between the movie and why one candidate wants a ban.

Scaramucci Says Melania Trump Would Prefer Kamala Harris To Donald Trump As President

Anthony Scaramucci has claimed that Melania Trump would rather see Kamala Harris win the presidency than her own husband.

The No. 1 AI Stock of 2024 (Not Nvidia)

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Top 2 Energy Stocks That Are Ticking Portfolio Bombs

Two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction

NBA legend Shaquille O'Neal, also known as Shaq, showed off his new Tesla Cybertruck featuring a widebody carbon fiber design, which is the first of its kind in the world.

4 Steps to Survive the Coming Market Crash

4 Steps to Survive the Coming Market Crash - Ad

There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.

Bezos Vs. Musk Battle Heads To Space: How Amazon Founder Is Taking Tesla CEO On More Directly

A multi-year rivalry between Jeff Bezos and Elon Musk is out of this world. The space battle could heat up in the coming months.

Palantir And Dell Are Set To Join S&P 500 Index: Here's What Peter Thiel And Michael Dell Have Said About Bitcoin

In a major development, tech behemoths Palantir Technologies Inc. (NYSE:PLTR) and Dell Technologies Inc. (NYSE:DELL) are all set to join the blue-chip S&P 500 index.

Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL)

Top AI Stock (It's Not MSFT, GOOGL, AMZN or AAPL) - Ad

Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple, not even Nvidia. Nope -- his research is pointing to a tiny, under-the-radar stock that's trading for just a few dollars right now... And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.

What's Going On With MongoDB Shares Friday?

MongoDB stock is moving higher after the company reported better-than-expected 2025 fiscal year second quarter earnings.

Struggling To Connect On Tinder, Grindr Or Bumble? Dating Apps Now Have An AI Wingman For You

Leading online dating platforms like Tinder, Hinge, Bumble, and Grindr are incorporating AI-powered tools to enhance user experience by generating conversation starters, building profiles, and providing interaction feedback.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Elon Musk And Trump's Federal Efficiency Plans Slammed By Paul Krugman, Economist Warns About Risks To Medicare, Social Security: 'Government Is An Insurance Company With An Army'

Nobel laureate Paul Krugman has expressed concerns over Republican presidential candidate Donald Trump and Tesla Inc CEO Elon Musk's proposed federal spending cuts. Krugman shared his thoughts on X on Thursday, ahead of the 2024 presidential election.

Elon Musk-Backed California AI Safety Bill SB 1047 Has 57% Chance Of Being Signed By Gavin Newsom, Polymarket Shows

Prediction market Polymarket shows 57% chance of California passing AI safety bill SB 1047, sparking debate among tech leaders and upcoming discussion at Benzinga event.

Oil = Monthly Income

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Betting On U.S. Elections? Federal Judge's Decision Greenlights Political Wagers

A federal judge has greenlighted Kalshi to offer U.S. election betting, overturning a 2023 CFTC block, with contracts launching next week.

Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer

TOKYO (AP) — The parent company of the Japanese 7-Eleven convenience store chain said Friday that it’s turning down a takeover offer from Alimentation Couche-Tard Inc. of Canada.

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom - Ad

See why Bill Gates, Mark Zuckerberg and Peter Thiel are making huge bets on this breakthrough now.

Elon Musk Lashes Out At Judge After Brazil's Supreme Court Blocks Starlink's Bank Accounts: 'Criminal Wearing Judges Robes Like A Halloween Costume'

The Supreme Court of Brazil imposed a financial freeze on Elon Musk's Starlink, escalating a legal dispute that could lead to suspending his social media platform, X, in Brazil due to non-compliance with court orders.

Mohamed El-Erian Says While Most Assets Recovered After A 'Shaky Start' In August, Bitcoin Was Among The Exceptions

Mohamed El-Erian, Chief Economic Advisor at Allianz, noted Bitcoin's (CRYPTO: BTC) underperformance in August vis-à-vis other major asset classes.

Revealing Index Soars 49% - Smart Investors Are Moving In

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

Best Buy's Growth Will Be Driven By AI And Margin Expansion Despite Mixed Sector Challenges: Analysts

Best Buy beats expectations in Q2 with EPS of $1.34 and sales of $9.29B. Analysts raise price targets and EPS estimate for 2025.

Cannabis Retailer Tokyo Smoke To Close 29 Stores In Canada As It Seeks Creditor Protection

Tokyo Smoke, a Canadian cannabis retailer previously owned by Canopy Growth, is shutting down 29 stores and restructuring under CCAA protection.

America Can't Afford a Harris Presidency

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Apple's Glowtime Event Fails To Dazzle Fans Like AI Competitors, But Analysts Say There's No Rush For A Game-Changing Product Just Yet

Apple's iPhone 16, featuring long-awaited AI capabilities, debuted at the Glowtime event on Monday, but failed to create the anticipated buzz among fans.

Judge Rejects Trump's Attempt To Move Hush Money Trial To Federal Court, Citing Lack Of 'Good Cause'

A federal judge has dismissed Donald Trump's request to transfer his hush money case to federal court.

President Trump and Elon Musk Issue Stark Warning

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.

Scaramucci: Trump Wins Billionaires' Support Despite Coming Off As 'Raging Lunatic,' Harris Backs A 'Ridiculously Stupid Idea'

Trump is someone who can't keep to his messaging and his rival Kamala Harris can gain an upper hand by going on offensive, says Scaramucci.

This Is How the AI Bull Market Ends

This Is How the AI Bull Market Ends - Ad

The AI bull market as we know it right now will end...And all the big popular AI stocks investors are piling into right now will NOT be the where the biggest returns will come from. And for investors who don't know how the market is changing and where it's going...They could end up left behind.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Federal workers around nation's capital worry over Trump's plans to send some of them elsewhere

WASHINGTON (AP) — Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation's capital and its suburbs.

Don't Buy Another Stock Until You See This

Don't Buy Another Stock Until You See This - Ad

We face a widespread collapse unlike anything we've seen in our lifetimes. By taking 4 simple steps today you can stay safe from the coming catastrophe. Which is why I want to rush you my new book "Midnight in America" FOR FREE.

Funeral business' slow but inevitable march attracts investors to these stocks

NEW YORK (AP) — Death and taxes, the saying goes, are the only certainties in life. If so, funeral companies like Houston's Service Corporation International might look like a sure bet to investors.

Johnson & Johnson-Spin Off Kenvue Wins Lawsuit Over Pain Killer Tylenol 'Rapid Release' Gelcaps

Kenvue defends against a consumer lawsuit alleging that its Tylenol "Rapid Release" gelcaps did not relieve pain faster than regular tablets. A federal judge ruled the claims were preempted by FDA regulations.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

Japan wants its hardworking citizens to try a 4-day workweek

TOKYO (AP) — Japan, a nation its language has a term for literally working oneself to death, is trying to address a worrisome labor shortage by coaxing more people and companies to adopt .

Stalled In Bureaucratic Limbo, This German City Struggles With Illegal Cannabis As Demand Surges

The slow response is largely due to complex bureaucratic requirements. Applicants must provide extensive documentation.

What If Kamala Wins? The 3 Words That Will Change Everything

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Jennifer Lopez and Ben Affleck may not have had a prenuptial agreement, but you should consider one

NEW YORK (AP) — Longtime celebrity watchers may not have been shocked when from Ben Affleck, but what was surprising was that Lopez's divorce petition did not include any mention of a prenuptial agreement.

Trending Now

Trump Vs. Harris: Election Forecaster With 9 Out Of 10 Accurate Predictions Makes Final Call, Says This Person Will Be 'Next President Of The United States'

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

This Debate Rule Forces Kamala Harris' Team To Rethink Strategy: 'The Rule Will Serve To Shield Donald Trump'

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

Y Combinator's Paul Graham Recalls When Airbnb CEO Brian Chesky Found Success By Imitating This Steve Jobs Strategy In Running Apple: Elon Musk Thinks It Is 'Worth Reading'

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Trump Vs Harris: The Controversy Over 'No Artificial Lifts' Rule In Tuesday Debate: 'A Form of Cheating!'

Alibaba Boosts US Expansion With New AI Sourcing Tool Despite Festering Tensions Between Beijing And Washington: 'Tariffs Added Cost For Both Sides'

Do Not Day Trade (Do This Instead) - Ad

More Hong Kongers tune out the news as they adapt to Beijing's tightening grip

Disney And DirecTV Fail To Reach Deal: Over 11M Subscribers Face Blackout Ahead Of NFL Season And Trump-Harris Debate (UPDATED)

5 Stocks That Could Triple in a Week - Ad

Video game performers reach agreement with 80 video games on AI terms

Pop Icons ABBA Challenge Donald Trump's Campaign Over Music Rights

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

What Bears And Bulls Think On Nvidia Is Irrelevant, Says Gene Munster Because 'AI Will Be Bigger Than The Internet'

What's Going On With SOFI Shares?

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer

Alphabet, Exxon Mobil, Palantir Technologies And More On CNBC's 'Final Trades'

My TOP Altcoin for Right Now Is... - Ad

Australia proposes legal minimum age for children accessing social media

Brazil Supreme Court panel unanimously upholds judge's decision to block X nationwide

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

4 Tons Of Seized Marijuana Burnt To A Crisp By NYC Mayor Adams; Top Cop, Sheriff Join The Cannabis Campfire

Nvidia And Bitcoin: Overpriced Or Underpriced - Do Fundamentals Justify Their Trillions Of Dollars Worth Of Market Caps?

DO NOT Make Another Trade Without Seeing This First - Ad

Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause

Ralph Lauren draws the fashion crowd to the horsey Hamptons for a diverse show of Americana

Why Are These Strange "Accidents" Happening All Over America? - Ad

Iris Energy Stock Climbs After FY24 Results: 4,191 Bitcoin Mined, Record Mining Revenue And More

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

Will Nvidia Continue To Deliver? Investors Sweat Over Hyped-up Expectations And Potential Blackwell Delay Ahead Of Q2 Report

Nvidia Set To Reach $10 Trillion Valuation As Blackwell Expected To Propel Chip Maker With 'Fireworks Again' In 2025, Analyst Predicts

The "Amazon Coin" -- To Be Bigger Than Bitcoin? - Ad

Executives Buying Core Scientific And 2 Other Stocks

Cannabis Industry Underserved By Financial Institutions Though 80% Of Operators Expect Growth In Upcoming Years

Discover the $2 Stock That Has Institutional Attention - Ad

Residents in a Louisiana city devastated by 2020 hurricanes are still far from recovery

Maryland awards contract for Francis Scott Key Bridge rebuild after deadly collapse

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

Hewlett Packard won't drop its UK claim against tech mogul Mike Lynch, who died when his yacht sank

Ethereum Co-Founder Vitalik Buterin Invests Ethereum Proceeds Into Aave, But Trader Says 'Not The Area To Buy'

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Young girls are using anti-aging products they see on social media. The harm is more than skin deep

Mary Trump Shares Video 'Letter' To Uncle Donald Trump, Also Says He Pushed Her To Ketamine Therapy In New Book

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.