Top 3 Defensive Stocks That Could Blast Off In Q3

by | Sep 16, 2026 | General

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Tootsie Roll Industries Inc (NYSE:TR)

  • On July 23, Tootsie Roll Industries posted a decline in earnings and sales results for the second quarter. The company’s stock fell around 6% over the past month and has a 52-week low of $33.43.
  • RSI Value: 29.2
  • TR Price Action: Shares of Tootsie Roll fell 2.8% to close at $37.76 on Tuesday.
  • Edge Stock Ratings: 23.81 Momentum score with Value at 59.72.

Lamb Weston Holdings Inc (NYSE:LW) 

  • Lamb Weston said it will announce fiscal year 2027 first quarter financial results on Oct. 6. The company’s stock fell around 10% over the past month and has a 52-week low of $37.62.
  • RSI Value: 28.2
  • LW Price Action: Shares of Lamb Weston fell 2.4% to close at $47.09 on Tuesday.
  • Benzinga Pro’s charting tool helped identify the trend in LW stock.

Hormel Foods Corp (NYSE:HRL)

  • On Sept. 10, Hormel Foods named Paul Kuehneman as chief accounting officer. “Paul is a respected leader whose deep understanding of our business, financial expertise and commitment to our people make him exceptionally well-suited for this role,” said John Ghingo, president, Hormel Foods. “Paul’s experience and perspective will serve him well in this expanded role.” The company’s stock fell around 13% over the past month and has a 52-week low of $19.70.
  • RSI Value: 28.3
  • HRL Price Action: Shares of Hormel Foods fell 0.8% to close at $20.79 on Tuesday.
  • Benzinga Pro’s signals feature notified of a potential breakout in HRL shares.

Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.

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