Top 5 real estate stocks preparing for a May rally – Cushman &…

Top 5 real estate stocks preparing for a May rally – Cushman &…

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The most oversold stocks in the real estate sector offer an opportunity to buy into undervalued companies.

The RSI is a momentum indicator that compares a stock’s strength on days when prices are up versus its strength on days when prices are down. Compared to a stock’s price performance, it can give traders a better sense of how a stock might perform in the short term. An asset is usually considered oversold when the The RSI is below 30.

Here is the latest list of the major oversold players in this sector with an RSI near or below 30.

Cushman & Wakefield plc CWK

  • Cushman & Wakefield reported a decline in year-over-year earnings per share (EPS) in the first quarter and worse-than-expected revenue results. “Despite a challenging macroeconomic environment, Cushman & Wakefield’s teams around the world continue to provide outstanding service and value to our clients and help them navigate this complex landscape,” said John Forrester, Chief Executive Officer of Cushman & Wakefield. The company’s shares have one 52-week low of $7.16 .
  • RSI value: 24.19
  • CWK Price Promotion: Cushman & Wakefield shares fell 3.7% on Tuesday to close at $7.41.

WeWork Inc. WE

  • WeWork Chairman and CEO Sandeep Mathrani will step down effective May 26 The stock is at a 52-week low from $0.35.
  • RSI value: 28.18
  • WE Price Promotion: Shares of WeWork fell 7.5% on Tuesday to close at $0.35.

Kilroy Realty Corporation KRC

  • Kilroy Realty reported better-than-expected sales results for the first quarter. The company’s stock has a term of 52 weeks low of $26.03.
  • RSI value: 24.31
  • KRC Price Promotion: Kilroy Realty shares fell 4.8% on Tuesday to close at $26.06.

Douglas Emmett, Inc. DEI

  • Douglas Emmett reported dejected quarterly sales results. The company’s 52-week low is $10.23.
  • RSI value: 25.80
  • DEI Price Promotion: Shares of Douglas Emmett fell 4.6% on Tuesday to close at $10.27.

Urban Edge Properties UE

  • Urban Edge Properties has raised its FY23 outlook. “Urban Edge got off to a strong start to 2023 as we…



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