The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. Here’s the latest list of major oversold players in this sector.
Herbalife Nutrition Ltd. (NYSE: HLF)
MedAvail Holdings, Inc. (NASDAQ:MDVL) ("MedAvail") a technology-based retail pharmacy company, and Progressive Care Inc. (OTCQB:RXMD) ("Progressive Care") a personalized healthcare services and
Companies Reporting Before The Bell
• Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.
U.S. stocks traded lower toward the end of trading, after the Federal Reserve raised fed funds rates by 0.75% to a new target range of between 1.5% and 1.75% on Wednesday.