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Top 3 Tech & Telecom Stocks That Could Blast Off In September
Benzingaยท2025-09-12 12:45

Core Insights - The communication services sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, typically below 30 [1] Company Summaries - Trade Desk Inc (TTD): Recently downgraded by Morgan Stanley from Overweight to Equal-Weight, with a price target cut from $80 to $50. The stock has fallen approximately 13% in the past five days, reaching a 52-week low of $42.96. Current RSI value is 24.3, with shares closing at $45.24 [5] - Iridium Communications Inc (IRDM): Downgraded by Raymond James from Strong Buy to Outperform, with a price target reduced from $39 to $26. The stock has decreased around 25% over the past five days, hitting a 52-week low of $17.08. Current RSI value is 25.2, with shares closing at $18.39 [5] - Kuke Music Holding Ltd (KUKE): The stock has dropped about 24% in the past five days, with a 52-week low of $1.45. Current RSI value is 29.6, and shares closed at $1.50 [8]