The 5 Most Oversold Stocks on the Market Are

Core Viewpoint - The article identifies Google parent Alphabet, Microsoft, Amazon, Meta Platforms, and Salesforce as the most oversold stocks in the market, suggesting a potential for rebound due to their significant impact on the S&P 500 index [1][2]. Group 1: Market Conditions - The identified stocks have experienced a significant round of selling, leading to oversold conditions that may allow for a rebound [2][4]. - The Magnificent Seven stocks, which include four of the identified companies, constitute about 30% of the S&P 500 index, indicating that their recovery could positively influence the broader market [2]. Group 2: Individual Company Analysis - Alphabet (GOOGL): The stock has corrected by 20% and is at a critical support level, with analysts forecasting a 30% upside relative to late March price action [5][6]. - Microsoft (MSFT): The stock is showing signs of regaining traction after a 20% correction, with analysts also predicting a 30% upside following its upcoming Q1 report [7][8]. - Amazon (AMZN): Similar to Microsoft, Amazon's stock is bouncing back from a 20% correction, with analysts forecasting a 30% upside, although it faces resistance below its 150-day EMA [9]. - Meta Platforms (META): The stock's 20% correction halted at a critical support level, suggesting that the uptrend remains intact, with analysts projecting nearly 30% upside potential [11][12]. - Salesforce (CRM): Despite being down over 20% from its high, Salesforce shows signs of support at a critical level, with its strong position in CRM and the rising role of AI enhancing its growth prospects [14][15].