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

Stop Paying Full Price for Houses - Ad

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

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

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.

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.

Harris Vs. Trump: Vice President, Former President Tied In Swing State, But One Candidate Dominates With Independent Voters

Donald Trump and Kamala Harris are tied in the battle for seven swing states in a new election poll. A look at the results and how one candidate may still be winning.

Mark Cuban Wonders If SEC Chair Gary Gensler Is Doing 'Everything In His Power' To End Elizabeth Warren's Senate Career

Billionaire investors and television celebrity Mark Cuban threw a jibe at SEC Chair Gary Gensler, questioning if he is deliberately trying to weaken Senator Elizabeth Warren (D-Mass.).

2024's Top Biotech Pick?

2024's Top Biotech Pick? - Ad

FDA patent pending for new drug delivery device. That means smart biotech investors are chasing reality not dreams.

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.

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.

Seven Unknown AI Stocks That Could Dominate the Next Six Years

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

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

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

HONG KONG (AP) — Hannah Wong cried when the Hong Kong government effectively forced and out of business three years ago. Among the last news outlets in the city willing to criticize the government openly, many saw their end as a sign that the old Hong Kong was gone for good.

E. Jean Carroll Case: Appeals Court Skeptical of Trump's Bid to Overturn Sexual Abuse Verdict

E. Jean Carroll's case sees an appeals court skeptical of Donald Trump's bid to overturn a $5 million verdict for sexual abuse and defamation.

My No. 1 Oil Play for 2024

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

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

Cryptocurrencies and stocks are considered risky investments, and traders frequently employ metrics to determine how justified their market value could be. Assessing Nvidia’s Valuation One very popular valuation metric is the price-to-earnings ratio, or simply the P/E ratio.

Leading US Cannabis Operator Gets Buy Rating Amid Strategic Divestment And Growth Initiative

Canaccord Genuity gives Cannabist Company Holdings a Buy rating. Discover how strategic divestments support their growth. Read now!

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%.

Apple's September 9 'Glowtime' Event Featuring iPhone 16 Launch Could Kickstart A 'Historical Period,' Says Wedbush Analyst Dan Ives

Wedbush analyst Dan Ives predicts a "historical period" for Apple, driven by the launch of the iPhone 16 series and its AI features, which could initiate a significant upgrade cycle during the upcoming "Glowtime" event.

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

RIO DE JANEIRO (AP) — A Brazilian Supreme Court panel on Monday unanimously upheld the decision of one of its justices to nationwide, according to the court’s website.

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

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

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More

Ciena Corp (NYSE: CIEN) reported Q3 revenue of $942.3M, beating analyst estimates of $927.2M. Adjusted EPS was $0.35, above consensus of $0.26. Total Networking Platforms revenue declined by 17.4%, while Total Global Services increased by 3.5%. CFO plans to retire in 12 months.

How To Earn $500 A Month From NVIDIA Stock

Nvidia (NASDAQ: NVDA) shares rose 1.5% on Tuesday after gaining 3.5% the previous day. Antitrust investigation and potential dividends also draw attention.

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

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

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Baozun Q2: Topline Growth, CEO Highlights E-Commerce Growth After Long Slump, Gap Partnership

Baozun reported Q2 2024 revenue of $329.0M, beating analyst estimate of $325.0M. Adjusted loss per ADS was $(0.01). Stock gained after results.

Elon Musk And Stephen King Engage In Mockery And Name Calling After SpaceX's Falcon 9 Booster Tips Over On Droneship

Renowned author Stephen King on Wednesday mocked billionaire entrepreneur Elon Musk for the latest mishap involving his rocket manufacturing company SpaceX's Falcon 9 launch vehicle.

U.S. Loses to China in Shocking WAR GAMES

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Trump In Trouble: Vice President Harris Leads Betting Odds For 2024 Election, Here's How Swing State Odds Look

A head-to-head matchup between Donald Trump and Vice President Kamala Harris continues to be fairly even with less than three months until the 2024 presidential election.

Turkey seeks to join the BRICS bloc of emerging economies, a Kremlin official says

MOSCOW (AP) — NATO member Turkey has applied for membership in the , a senior Kremlin official said Wednesday, as Russia and China seek to counter the West's global influence.

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

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

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

GOP Congress Member Nancy Mace: 'They Haven't Done Anything,' Slams DNC Cannabis Inaction, Calls Out Republican Reluctance

Congresswoman Nancy Mace criticizes the DNC for failing to deliver on cannabis reform, stating "They haven't done anything."

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

A new survey reveals the gaps and opportunities the services provided by financial Institutions to the cannabis industry

Oil Surge Predicted...But Are You Ready?

Oil Surge Predicted...But Are You Ready? - Ad

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

Ahead of the much-anticipated debate Tuesday night between Donald Trump and Kamala Harris, Trump has voiced his opinion on the "no artificial lifts" rule.

New US rules try to make it harder for criminals to launder money by paying cash for homes

REHOBOTH BEACH, Del. (AP) — The Treasury Department has aimed at making it harder for criminals to launder money by paying cash for residential real estate.

Why We Just Sold Half of Our Stocks

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Jaguar tells owners of older I-Pace electric SUVs to park them outdoors due to battery fire risk

DETROIT (AP) — Jaguar is telling owners of about 3,000 electric SUVs to park them outdoors and away from structures due to the risk of battery fires.

Rudy Giuliani's Legal Troubles Deepen: Former Georgia Election Workers Seek To Seize Assets

Former Georgia election workers push for seizure of Rudy Giuliani's assets after $148M defamation win, accusing him of dodging creditors.

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%.

Ron DeSantis' Anti-Cannabis Warpath Strewn With Dissenting GOP Colleagues, Not Enough Money, Polls Favoring Legalization

DeSantis' inner circle, now and during his presidential campaign, are pushing for passage of legal pot, with millions of dollars behind them.

Rivian Launches Referral Program To Reward Customers Who Refer Other Buyers, Similar To Tesla's Scheme

California-based EV company Rivian Automotive on Thursday introduced a new program aimed at rewarding U.S. customers who recommend others to buy their vehicles.

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

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

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Will California Embrace Cannabis Farmers Markets And Pot Cafes? Gov. Newsom's Crucial Decision Ahead

California passes bills for cannabis farmers markets and pot cafes. Governor Newsom's approval could reshape the industry.

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'

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

America's Slow Decline into Hell - 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

America Can't Afford a Harris Presidency - Ad

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

Donald Trump's Billions On Hold As Insiders Sell Off Truth Social Shares

This Is How the AI Bull Market Ends - Ad

Tesla lawsuit challenging Louisiana ban on direct car sales from plants revived by appeals court

Court revives Sarah Palin's libel lawsuit against The New York Times

What Smart Investors Are Doing to Profit From the Election - Ad

NewAmsterdam Pharma's Cholesterol Drug To See Blockbuster Sales, Bullish Analyst Sees Massive Upside

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

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

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

GameStop Shares Are Trading Higher: This Week In Review

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

Montana doctor overprescribed meds and overbilled health care to pad his income, prosecutors say

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

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

French judge extends police custody for Telegram CEO Pavel Durov

Nvidia, Intel And Other Top Chipmakers Grapple With Gender Disparity Despite AI Surge: Report

The Most Powerful Market Strategy You've NEVER Heard Of? - Ad

Nutanix Stock Jumps On Q4 Earnings: The Details

Bitcoin, Ethereum Drop, Dogecoin Flat As Weak Private Employment Report Spooks Investors: Top Trader Says 'Massive Thrust' Required To Get King Crypto's Bull Run Back On Track

New "Living Missile" to Replace Nuclear Missiles - Ad

Turkey wants to join the BRICS bloc of developing economies, official confirms

Postmaster general is confident about ability to process mail-in ballots

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

Why VOXX International Shares Are Moving Higher Tuesday

Nine Palestinians Killed As Israeli Forces Press Into West Bank

A 10,000% Dividend?!? - Ad

Trump Vs. Harris Polls, Musk Dives Deeper, Mark Cuban Questions Trump's Taxation Strategy, And More: This Week In Politics

AstraZeneca In Trouble For Employee Detentions in China Over Illegal Activities

2024 Oil Boom - Ad

September Market Seasonality: Why This Month Is Historically The Toughest For Investors

Philip Morris Invests $232M To Expand Kentucky Facility, Adding 450 Jobs And Boosting Production For ZYN Nicotine Pouches

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

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

Executives Buying Core Scientific And 2 Other Stocks

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

Apple's upcoming iPhone will catapult the tech trendsetter into the age of AI

China Says It Will Discuss Taiwan, Tariffs And More With Biden's Top Advisor During Historic Beijing Visit

The Only Thing a New President Won't Do - Ad

US Navy shipbuilder Austal USA agrees to pay $24 million to settle accounting fraud probe

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

What Kamala Won't Do if She Wins the Election - Ad

Flights returning to normal in Colombia as jet fuel shortage is resolved

What's Going On With MongoDB Shares Friday?

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.