Core Viewpoint - A number of quality large-cap stocks have entered oversold territory, presenting new investment opportunities despite the market being near all-time highs. Notable mentions include Cintas Corp, Fastenal Co, and Gen Digital Inc [1] Cintas Corp (CTAS) - Cintas shares have declined nearly 20% since August, primarily due to valuation concerns rather than deteriorating business fundamentals [2][4] - The P/E ratio peaked at around 55 over the summer but has since adjusted to approximately 40, which is more reasonable for the company's consistent performance [3] - The latest quarterly report met expectations for earnings and exceeded revenue forecasts, with management raising full-year guidance, yet the stock continued to decline, indicating oversold conditions with an RSI of 19 [4][5] Fastenal Co (FAST) - Fastenal's stock has dropped over 15% since reaching all-time highs in August, following an earnings report that did not meet investor expectations [8][9] - Despite the decline, analysts remain optimistic, with Robert Baird maintaining an Outperform rating and a price target of $49, suggesting nearly 20% upside from its current price [10][11] - Fastenal's long-term fundamentals are strong, characterized by a broad customer base, disciplined cost control, and a 26-year history of dividend growth, positioning it well for recovery [11] Gen Digital Inc (GEN) - Gen Digital has also seen a nearly 20% decline since August, remaining within a multi-year trading range without breaking new highs since 2017 [13] - The company's August earnings report surpassed analyst expectations for both revenue and earnings, and its market leadership position remains attractive [14] - With an RSI of 27, Gen Digital is considered oversold, making its risk/reward profile appealing, with potential for recovery towards the low $30s if market sentiment stabilizes [15]