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

Must-See: Elon's New Invention Is Ground-Breaking - Ad

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

Revealed: Buffett's $4.9 Billion Secret - Ad

LAS VEGAS (AP) — Casino company Wynn Resorts Ltd. has agreed to pay $130 million to federal authorities and admit that it let unlicensed money transfer businesses around the world funnel funds to gamblers at its flagship Las Vegas Strip property.

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.

Elon Musk: Without This Company, "Civilization Will Crumble"

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Elon Musk Asks His 196M X Followers If They Identify As Democrat Or Republican: Billionaire Receives 1.6M Responses, Majority Supports This Party

Elon Musk, the CEO of Tesla Inc, recently conducted a poll on his social media platform, X, to gauge the political affiliations of his 196 million followers.

Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK (AP) — A side of beef bigger than a classroom desktop sat before high school students huddled around a kitchen on New York's Lower East Side. “Anyone wanna jump in?” asked the butcher teaching the Tuesday afternoon class. One student dared, grabbing a sawblade about as long as his arm and sweating to successfully separate the short rib from the rib eye.

Claim Your Free "AI Income Playbook" Now!

Claim Your Free "AI Income Playbook" Now! - Ad

Income expert Marc Lichtenfeld has a special gift reserved just for you... It's his brand-new "AI Income Playbook" - and it's yours FREE! Inside, you'll discover how to tap the unlimited profit potential of artificial intelligence... With three explosive AI stocks that are handing out monster dividends like clockwork.

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.

US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: 'Get A Decent CEO'

David McCall, President of United Steelworkers met Nippon Steel's Executive Vice President Takahiro Mori this summer to describe the union's demands, particularly ensuring that the Japanese steelmaker's parent sign the deal

Collect 10%+ Dividends From AI's Explosive Growth?

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

Executives Buying Core Scientific And 2 Other Stocks

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain.

Kevin O'Leary Cautions Democrats About Kamala Harris: 'They Did The Same Thing With Hillary Clinton'

"Shark Tank" star Kevin O'Leary has issued a warning to Democrats about Kamala Harris as the party's presidential candidate.

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 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.

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.

Ex-CIA Insider Exposes How Dems Could Rig the Election

Ex-CIA Insider Exposes How Dems Could Rig the Election - 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.

Ukraine counts on new long-range weapon to bypass Western restrictions and hit deep into Russia

KYIV, Ukraine (AP) — Ukraine says it has a new homegrown long-range weapon that will allow it to strike deep into Russia without asking permission from allies.

Donald Trump Asks: 'Why Are We Having An Election?'

Donald Trump has questioned the need for an upcoming election in the wake of the shakeup within the Democratic ticket.

The Next Nvidia?

The Next Nvidia? - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Asian stocks decline, following Wall Street's drop on worries about the economy

HONG KONG (AP) — Asian stocks tumbled Wednesday after Wall Street had its worst day since early August, with the heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks.

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

Is Apple Plotting to Kill Its iPhone?

Is Apple Plotting to Kill Its iPhone? - Ad

Rumors are swirling about Apple's secret AI lab. Now, insiders hint that an AI-powered device could render today's iPhone obsolete. Codenamed MM1, this project has the potential to disrupt the smartphone industry. With Apple scooping up $1.6 TRILLION in iPhone sales since its launch... Will YOU be in position for what Apple's "next big thing"?

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 .

Former director of Los Alamos National Laboratory dead after car crash in New Mexico

LOS ALAMOS, N.M. (AP) — A former top official in U.S. nuclear weapons research at Lawrence Livermore and Los Alamos national laboratories has died from injuries after an automobile crash in New Mexico, authorities said. He was 69.

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

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

Starting September 23rd, this tiny 3-cent crypto could partner with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2024.

Pelosi Profits From Palo Alto Networks Earnings Rally: Here's How Much Former Speaker Is Up On 2024 Trade

Nancy Pelosi and her husband may have perfectly timed buying Palo Alto Networks options six months ago.

Scaramucci: 'It's Trump's Election To Lose'; Says What Kamala Harris Ought To Do To Win

Anthony Scaramucci on Thursday weighed in on the prospects of the presidential candidates in the wake of recent polls.

Apple's Secret Software Update

Apple's Secret Software Update - Ad

Apple has been quietly working on a revolutionary new technology. This technology -- codename "MM1" could send TRILLIONS of fresh dollars rushing into the economy. And Chief Investment Strategist Adam O'Dell has identified one tiny company that could be at the center of Apple's new world-shifting device.

Why Micron (MU) Stock Is Falling

Micron Technology shares fell 3.7%, amid a broader pullback in semiconductor and AI-related stocks. The sector's decline is also likely tied to Broadcom Inc.'s dip after posting its earnings report.

Brazil Judge Bans X After Months-Long Feud, Threatens Fines Of Nearly $9K Per Day On Users Who Try To Access Elon Musk's Social Media Platform Using VPNs

A Brazilian Supreme Court justice ordered the immediate suspension of social media platform X (formerly Twitter) due to non-compliance with court orders, intensifying the legal conflict between Elon Musk and the Brazilian judiciary.

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.

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.

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.

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.

Kendall Jenner Talks Marijuana Use: 'No One Knows That, But I Am a Stoner'

Kendall Jenner reveals her marijuana use for the first time in a podcast interview. Discover the details of her admission.

Top 5 Stocks to Watch as 2024 Election Campaigns Heat Up

The 2024 U.S. presidential election is quickly approaching, and as candidates ramp up their campaigns, investors would be wise to keep a close eye on certain stocks that stand to benefit from the heightened political activity.

Meet The Companies That Could Be Behind Apple's "AiPhone"

Meet The Companies That Could Be Behind Apple's "AiPhone" - Ad

"According to my research, these three tiny companies may be working behind the scenes to produce Apple's first ever AI-powered iPhone..." -- Luke Lango, Silicon Valley Insider

Social media is filled with skin care routines for girls. Here's what dermatologists recommend

Girls are with advice from influencers touting elaborate skin care routines with high-priced serums, mists and creams. But what is the right skin care routine for preteens?

DOJ Indicts New York Resident For Allegedly Spying On Pro-Democracy Activists For Chinese Government

The DOJ claims that the person assisted the MSS in infiltrating a group chat on an encrypted messaging app used by several Chinese dissidents.

A 10,000% Dividend?!?

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

Every night is girls' night as WNBA enters Barbie world with Chicago hosting theme night

CHICAGO (AP) — The WNBA re-entered the Barbie world with Angel Reese and the Chicago Sky hosting the first game themed after the doll.

Trending Now