Top 3 Financials Stocks That Could Blast Off In September

Avi Kapoor

September 09, 2024

The most oversold stocks in the financials 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.

Coinbase Global, Inc. (NASDAQ:COIN)

On Sept. 6, Barclays upgraded the stock from Underweight to Equal-Weight and lowered its price target from $206 to $169. The company's stock fell around 22% over the past five days and has a 52-week low of $69.63.
RSI Value: 29.89
COIN Price Action: Shares of Coinbase fell 7.7% to close at $147.35 on Friday.
Benzinga Pro's real-time newsfeed alerted to latest COIN news.

PagSeguro Digital Ltd (NYSE:PAGS)

On Aug. 20, PagSeguro Digital posted better-than-expected quarterly sales. The company's stock fell around 25% over the past month It has a 52-week low of $6.93.
RSI Value: 27.15
PAGS Price Action: Shares of PagSeguro Digital fell 3.1% to close at $9.40 on Friday.
Benzinga Pro’s charting tool helped identify the trend in PAGS stock.

Patria Investments Ltd (NASDAQ:PAX)

On Aug. 1, Patria Investments posted in-line earnings for the second quarter. Alex Saigh, Patria’s CEO, said, "The 2nd quarter of 2024 was a very busy quarter as we continued to make solid progress towards our near and long-term goals. Fee Related Earnings reached $40 million dollars, representing a 17% increase from 2Q23. We delivered close to $34 million dollars of Distributable Earnings, or 22 cents per share. We continued to grow and diversify our platform as we organically raised $2.2 billion dollars over the first half of 2024 and approximately $5 billion over the last twelve months, in addition to multiple inorganic initiatives." The company's shares fell around 5% over the past five days and has a 52-week low of $10.75.
RSI Value: 29.71
PAX Price Action: Shares of Patria Investments slipped 0.8% to close at $11.00 on Friday.
Benzinga Pro’s signals feature notified of a potential breakout in PAX shares.

Read More:

Recommended

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

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

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

Popular

TransDigm, BJ's Wholesale, AbbVie And More On CNBC's 'Final Trades'

TransDigm Group (TDG), BJ's Wholesale (BJ), VanEck Semiconductor ETF (SMH), and AbbVie (ABBV) were recommended as top trades on CNBC's Halftime Report.

Drivers Tend To Multitask And Pay Less Attention To The Road While Using Tesla's Autopilot And Volvo's Pilot Assist, Study Finds

Drivers tend to pay less attention to the road when using partial automation to drive, as per new research, despite automakers mandating constant supervision.

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.

Fortified bouillon cubes are seen as a way to curb malnutrition in Africa as climate worsens hunger

IBADAN, Nigeria (AP) — In her cramped, dimly lit kitchen, Idowu Bello leans over a gas cooker while stirring a pot of eba, the thick starchy West African staple made from cassava root. Kidney problems and chronic exhaustion forced the 56-year-old Nigerian woman to retire from teaching, and she switches between cooking with gas or over a wood fire depending on the fuel she can afford.

Harris, Trump Films To Hit Theaters Weeks Before 2024 Election: One Candidate Tried To Block Movie From Release

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.

Stop Paying Full Price for Houses

Stop Paying Full Price for Houses - Ad

Gain instant access to 1000's of houses you can potentially get for just the taxes owed. Why pay full price for properties when you can follow a few simple steps and pay just the taxes owed?

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.

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.

2024 Oil Boom

2024 Oil Boom - Ad

There is a much better way to profit from oil in 2024. It's NOT oil stocks, futures, or anything you've likely heard about. In fact, one man used it build a small $1,000 investment into a $100,000 income stream over fifty years.

Court orders South Korea to specify plans to cut carbon emissions through 2049

SEOUL, South Korea (AP) — South Korea’s Constitutional Court on Thursday ordered the government to back its climate goals with more concrete plans for action through 2049, handing a partial victory to climate campaigners who say the country’s failure to cut emissions faster amounts to a violation of their rights.

Trump Misunderstands Taiwan's Role In Chip Industry, Says Economy Minister: 'The President Has A Lot On His Plate'

Trump had earlier suggested that Taiwan should compensate the U.S. for defense, accusing the island nation of taking American semiconductor business.

The Only Thing a New President Won't Do

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

One thing's for sure: A new president is probably NOT going to make you wealthy. If you want to build wealth and secure your financial future, that's something only you can control. And I've uncovered a simple strategy that can help anyone grow their wealth ahead of the 2024 elections.

DHL sues MyPillow, alleging company founded by Mike Lindell owes $800,000

MINNEAPOLIS (AP) — Package is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills.

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.).

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.

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.

2 women charged in Lululemon shoplifting scheme in Minneapolis

MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a store in Minneapolis and then funneling the stolen goods through a suburban nail salon.

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.

What to Stream: George Strait, 'Rebel Ridge,' Astro Bot, 'Slow Horses' and Mormon influencers

“The Secret Lives of Mormon Wives,” a docuseries following young wives in Utah, and the suspenseful thriller “Rebel Ridge” are some of the new television, films, music and games near you.

WHO and Africa CDC launch a response plan to the mpox outbreak

DAKAR, Senegal (AP) — The Africa Center for Disease Control and Prevention and the World Health Organization launched on Friday a continent-wide response plan to the outbreak of mpox, three weeks after WHO declared outbreaks in 12 African countries a .

Man Who Predicted Trump Win Issues Shocking New Election Prediction

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

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Tesla CEO Elon Musk Wants To Bring Back Dogecoin As A Payment Option To Buy Company's Merchandise

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that he would like to have the option of paying with meme cryptocurrency Dogecoin (CRYPTO: DOGE) reinstated for the company’s merchandise.

Seeking an alternative to Chinaâ€™s pressure-cooker schools, families move to Thailand

CHIANG MAI, Thailand (AP) — The competition started in second grade for DJ Wang’s son.

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.

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

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

Another offshore wind project in New Jersey is encountering turbulence.

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%.

Kamala Harris To Unveil $50K Tax Deduction For Small Businesses To Counter Trump's Economic Policies As She Looks To Win Over Middle-Class Voters

Vice President Kamala Harris is set to unveil a major tax deduction initiative aimed at new small businesses, ahead of the 2024 election, marking a significant policy move in her campaign.

Nutanix Stock Jumps On Q4 Earnings: The Details

Nutanix Inc (NASDAQ:NTNX) shares are trading higher in Wednesday's after-hours session on the heels of the company's fiscal fourth-quarter financial results. Here's a rundown of the print.

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."

Trump Donates To Harris 2024 Election Campaign By Using Foo Fighters Song, Former President Could Go To Court About Another Song Use At NRA Rally

Donald Trump's team claps back at the Foo Fighters for using their song, but turns out he's sending money right over to his opponent Kamala Harris.

Apple Reportedly Plans To Switch To OLED For All iPhones Starting 2025, Not Just The Top-Tier Flagships

Apple plans to transition all iPhone models, including the lower-priced iPhone SE, to OLED displays by 2025, phasing out LCDs and excluding Japanese suppliers like Japan Display and Sharp from its handset business.

4 Cryptos Set to Outperform Bitcoin in 2024

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

AI Chip Stocks Rally Faces New Headwinds - Why Are Nvidia, Taiwan Semiconductor, Broadcom And Marvell Tech Stocks Sliding?

Semiconductor and chip stocks NVDA, TSM, AVGO, MRVL, LRCX trading lower ahead of Nvidia's Q2 earnings and Super Micro's accounting issues.

Telegram-Linked Cryptos Top Daily Gainer's List After Pavel Durov Breaks Silence On France Detention

Cryptocurrencies associated with social messaging giant Telegram rallied sharply after founder Pavel Durov issued his first public statement since his controversial arrest in France last month.

This Win Rate Puts Buffett to Shame

This Win Rate Puts Buffett to Shame - Ad

He's got a higher win rate than Warren Buffett, Carl Icahn, and Mark Cuban...but you've likely never heard his name. What's most amazing is that his unshakable strategy is working just as well today as it did during our long bull market. Even the Covid crash didn't shake it! He's been on a wild 6-year win streak ( with no signs of slowing down) How does he do it?

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

NYC Mayor Eric Adams destroys 4 tons of illegal weed products in Operation Padlock to combat illegal activity and protect communities.

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

OMAHA, Neb. (AP) — Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday.

America's Slow Decline into Hell

America's Slow Decline into Hell - Ad

As Kamala Harris rises to power, her 3-word agenda threatens every American's freedom and financial security. Get the inside scoop and

The Dutch government is expanding export restrictions for processor chip machines

THE HAGUE, Netherlands (AP) — The Dutch government is expanding export restrictions on equipment used to make advanced processor chips that can be integrated into weapons systems, a Cabinet minister announced Friday, citing security risks.

Trending Now