Top 2 Tech And Telecom Stocks That May Implode In December

Core Insights - Two stocks in the communication services sector are showing signs of being overbought, which may concern momentum-focused investors [1]. Group 1: New York Times Co (NYSE:NYT) - Citigroup analyst Jason Bazinet maintained a Buy rating for New York Times and raised the price target from $72 to $81 [6]. - The stock gained approximately 11% over the past month, reaching a 52-week high of $71.07 [6]. - The RSI value for New York Times is 79.3, indicating it is considered overbought [6]. - The stock price closed at $70.71, with a momentum score of 82.74 and a value score of 49.71 [6]. Group 2: Array Digital Infrastructure Inc (NYSE:AD) - Array Digital Infrastructure reported strong quarterly sales, with a 68% year-over-year increase in site rental revenue, excluding non-cash amortization [6]. - The company has made significant progress in monetizing its spectrum, having closed or signed agreements to monetize 70% of its spectrum portfolio [6]. - The stock gained around 15% over the past month, with a 52-week high of $79.16 [6]. - The RSI value for Array Digital Infrastructure is 73.2, also indicating it is considered overbought [6]. - The stock price closed at $53.60, reflecting a slight decline of 0.2% [6].