Top 3 Risk Off Stocks That May Rocket Higher This Quarter

by | Oct 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.

Smithfield Foods Inc (NASDAQ:SFD)

  • On Sept. 30, Stephens & Co. analyst Pooran Sharma initiated coverage on Smithfield Foods with an Equal-Weight rating and announced a price target of $22. The company’s stock fell around 7% over the past month and has a 52-week low of $18.18.
  • RSI Value: 26.7
  • SFD Price Action: Shares of Smithfield Foods rose 1% to close at $18.48 on Thursday.
  • Edge Stock Ratings: 9.63 Momentum score with Value at 96.68.

Universal Corp (NYSE:UVV)       

  • On Aug. 5, Universal posted a loss for the first quarter. Preston D. Wigner, Chairman, President, and Chief Executive Officer of Universal, said, “We are starting fiscal year 2027 with confidence in the long-term strategic direction of our company. We are focused on creating sustainable value through disciplined execution across our businesses.” The company’s stock fell around 9% over the past month and has a 52-week low of $40.14.
  • RSI Value: 24.8
  • UVV Price Action: Shares of Universal fell 0.6% to close at $40.43 on Thursday.
  • Benzinga Pro’s charting tool helped identify the trend in UVV stock.

Beyond Meat Inc (NASDAQ:BYND)

  • On Oct. 15, Beyond Meat announced its entry into the energy category with Beyond Immerse Protein + Energy, a sparkling protein drink with caffeine. “We believe plants have superpowers, and few are as widely appreciated by consumers as caffeine,” said Ethan Brown, Founder and CEO of Beyond Meat. “As we add energy to the Beyond Immerse portfolio, we are staying true to our approach: great taste and carefully selected, limited ingredients that help consumers thrive.” The company’s stock fell around 35% over the past month and has a 52-week low of $6.67.
  • RSI Value: 27.2
  • BYND Price Action: Shares of Beyond Meat gained 5.8% to close at $7.17 on Thursday.
  • Benzinga Pro’s signals feature notified of a potential breakout in BYND shares.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

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