After Plunging -10.68% in 4 Weeks, Here's Why the Trend Might Reverse for Alight (ALIT)

Group 1 - Alight, Inc. (ALIT) has experienced a downtrend with a stock decline of 10.7% over the past four weeks due to excessive selling pressure [1] - The stock is currently in oversold territory, indicated by an RSI reading of 27.27, suggesting a potential turnaround [2][4] - Wall Street analysts have raised earnings estimates for ALIT by 4% over the last 30 days, indicating a consensus that the company may report better earnings than previously predicted [4] Group 2 - ALIT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a price appreciation [4]