Top 3 Real Estate Stocks Which Could Rescue Your Portfolio 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.

Douglas Emmett Inc (NYSE:DEI)

• On Jan. 14, Scotiabank analyst Nicholas Yulico downgraded Douglas Emmett from Sector Outperform to Sector Perform and cut the price target from $16 to $12.5. The company's stock fell around 5% over the past month and has a 52-week low of $10.52.
• RSI Value: 28.5
• DEI Price Action: Shares of Douglas Emmett fell 2.3% to close at $10.55 on Monday.
• Edge Stock Ratings: 4.50 Momentum score with Value at 61.50.

Hudson Pacific Properties Inc (NYSE:HPP)       

• On Jan. 9, BMO Capital analyst John Kim downgraded Hudson Pacific Properties from Outperform to Market Perform and slashed the price target from $16 to $11. The company's stock fell around 9% over the past five days and has a 52-week low of $9.00.
• RSI Value: 28.2
• HPP Price Action: Shares of Hudson Pacific Properties fell 3.9% to close at $9.03 on Monday.
• Benzinga Pro’s charting tool helped identify the trend in HPP stock.

Avalon Globocare Corp (NASDAQ:ALBT)

• On Jan. 20, Avalon GloboCare announced the renewal of the U.S. Food and Drug Administration (FDA) establishment registration for its KetoAir device, a handheld breathalyzer designed for ketogenic health management. The company's stock fell around 30% over the past five days and has a 52-week low of $0.78.
• RSI Value: 27.8
• ALBT Price Action: Shares of Avalon Globocare fell 0.9% to close at $0.81 on Monday.
• Benzinga Pro’s signals feature notified of a potential breakout in ALBT shares.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

Photo via Shutterstock