Down -22.89% in 4 Weeks, Here's Why Stem (STEM) Looks Ripe for a Turnaround

Group 1 - Stem, Inc. (STEM) has experienced a significant decline of 22.9% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - Wall Street analysts are in strong agreement that STEM will report better earnings than previously predicted, with a consensus EPS estimate increase of 4.1% over the last 30 days [6] - The current RSI reading for STEM is 29.44, suggesting that the heavy selling pressure may be exhausting, which could lead to a price rebound [5] Group 2 - STEM 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, indicating a strong potential for a turnaround [7]