Prime 3 Defensive Shares You may Remorse Lacking In November – Anheuser-Busch InBev (NYSE:BUD), AgriFORCE Rising Techniques (NASDAQ:AGRI)

Probably the most oversold shares within the client staples sector presents a chance to purchase into undervalued firms.

The RSI is a momentum indicator, which compares a inventory’s energy on days when costs go as much as its energy on days when costs go down. When in comparison with a inventory’s value motion, it may give merchants a greater sense of how a inventory could carry out within the quick time period. An asset is often thought of oversold when the RSI is under 30, based on Benzinga Professional.

This is the newest record of main oversold gamers on this sector, having an RSI close to or under 30.

Anheuser-Busch Inbev SA BUD

• On Oct. 31, the corporate reported third-quarter adjusted earnings per share of 98 cents, beating the road view of 89 cents. Quarterly gross sales of $15.046 billion missed the analyst consensus estimate of $15.644 billion. “Client demand for our megabrands and the execution of our mega platforms delivered one other quarter of top- and bottom-line progress with margin growth,” stated Michel Doukeris, CEO. “Our groups and companions proceed to execute our technique and we’re assured in our potential to ship on our raised FY24 EBITDA progress outlook of 6-8%.” The corporate’s inventory fell round 16% over the previous month and has a 52-week low of $53.67.
• RSI Worth: 23.33                        
• BUD Worth Motion: Shares of Anheuser-Busch Inbev gained 0.3% to shut at $54.08 on Wednesday.
• Benzinga Professional’s real-time newsfeed alerted to newest BUD information.

United-Guardian, Inc. UG    

• On Nov. 8, the corporate posted third-quarter earnings of 19 cents per share, up from 14 cents per share within the year-ago interval. Donna Vigilante, President of United-Guardian, said, “We’re happy to announce that gross sales and earnings elevated within the third quarter and for the primary 9 months of 2024 in contrast with the identical intervals in 2023. We proceed to have sturdy gross sales of our beauty substances, which elevated by 8% within the third quarter and 68% within the first 9 months of 2024.” The corporate’s inventory fell round 30% over the previous month and has a 52-week low of $6.80.
• RSI Worth: 28.86
• UG Worth Motion: Shares of United-Guardian fell 0.5% to shut at $9.55 on Wednesday.
• Benzinga Professional’s charting instrument helped establish the development in UG inventory.

AgriFORCE Rising Techniques Ltd AGRI

• On Nov. 20, AgriFORCE introduced evolution of enterprise mannequin to comply with bitcoin mining facility acquisition. The corporate’s inventory fell round 41% over the previous month and has a 52-week low of $0.035.
• RSI Worth: 29.48
• AGRI Worth Motion: Shares of AGRI fell 3.5% to shut at $0.036 on Wednesday.
• Benzinga Professional’s alerts characteristic notified of a possible breakout in AGRI shares.

Learn This Subsequent: