Top 2 Energy Stocks That May Crash In January

Core Viewpoint - Two stocks in the energy sector are showing signs of being overbought, which may concern momentum-focused investors [1]. Group 1: VAALCO Energy Inc (NYSE:EGY) - VAALCO Energy has a recent RSI value of 89.4, indicating it is overbought [2]. - The stock has gained approximately 42% over the past month, reaching a 52-week high of $5.36 [4]. - A Buy rating was initiated by Freedom Capital Markets analyst Sergey Pigarev with a price target of $7.3 [4]. - On the latest trading day, shares of VAALCO Energy rose by 5.7% to close at $5.17 [4]. - The stock has an Edge Stock Rating with a momentum score of 81.87 and a value score of 91.69 [4]. Group 2: Suncor Energy Inc (NYSE:SU) - Suncor Energy has an RSI value of 81.7, also indicating it is overbought [2]. - The stock has increased by around 21% over the past month, achieving a 52-week high of $54.80 [4]. - Goldman Sachs analyst Neil Mehta maintained a Buy rating and raised the price target from $48 to $54 [4]. - On the latest trading day, shares of Suncor Energy rose by 1.3% to close at $53.69 [4].