Top 3 Real Estate Stocks That May Explode This Month

The most oversold stocks in the real estate 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.

La Rosa Holdings (NASDAQ:LRHC)

• On April 22, La Rosa Holdings announced it received a noncompliance notification from the Nasdaq. The company's stock fell around 59% over the past month and has a 52-week low of $1.82.
• RSI Value: 24.9
• LRHC Price Action: Shares of La Rosa gained 5.8% to close at $2.18 on Friday.
• Benzinga Pro’s newsdesk tool helped identify the developments in LRHC stock.

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)

• On March 5, Wheeler Real Estate Investment Trust reported a decline in fourth-quarter financial results. The company's stock fell around 42% over the past month and has a 52-week low of $1.65.
• RSI Value: 23.6
• WHLR Price Action: Shares of Wheeler Real Estate Investment Trust fell 5.3% to close at $1.78 on Friday.
• Benzinga Pro’s charting tool helped identify the trend in WHLR stock.

Creative Media & Community Trust Corp (NASDAQ:CMCT)

• On April 15, Creative Media announced a 1-for-10 reverse stock split. The company's stock fell around 13% over the past five days and has a 52-week low of $4.00.
• RSI Value: 19
• CMCT Price Action: Shares of Creative Media & Community Trust fell 2.9% to close at $5.38 on Friday.
• Benzinga Pro’s signals feature notified of a potential breakout in CMCT shares.

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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