Top 3 Real Estate Stocks That May Rocket Higher In July

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.

Zillow Group Inc (NASDAQ:ZG)

• On July 14, Jefferies analyst John Colantuoni maintained Zillow with a Buy and lowered the price target from $75 to $60. The company’s stock fell around 12% over the past five days and has a 52-week low of $29.03.
• RSI Value: 29.6
• ZG Price Action: Shares of Zillow fell 5.7% to close at $29.56 on Thursday.
• Edge Stock Ratings: 1.97 Momentum score with Value at 23.85.

Americold Realty Trust Inc (NYSE:COLD)        

• On July 21, Piper Sandler analyst Alexander Goldfarb maintained Americold Realty Trust with a Neutral and raised the price target from $13 to $17. The company’s stock fell around 11% over the past five days and has a 52-week low of $10.10.
• RSI Value: 26.5   
• COLD Price Action: Shares of Americold Realty Trust fell 7.8% to close at $14.10 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in COLD stock.

Apartment Investment and Management Co (NYSE:AIV)

• On March 2, Apartment Investment and Management posted fourth-quarter EPS from continuing operations of $1.06. The company’s stock fell around 10% over the past month and has a 52-week low of $2.59.
• RSI Value: 26.5
• AIV Price Action: Shares of Apartment Investment and Management gained 0.8% to close at $2.64 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in AIV 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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