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The most oversold stocks in the utilities 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.

CenterPoint Energy Inc (NYSE:CNP)

• On Aug. 21, Morgan Stanley analyst David Arcaro maintained CenterPoint Energy with an Equal-Weight rating and lowered the price target from $40 to $39. The company’s stock fell around 12% over the past month and has a 52-week low of $36.60.
• RSI Value: 28.1
• CNP Price Action: Shares of CenterPoint Energy fell 0.4% to close at $38.93 on Tuesday.
• Edge Stock Ratings: 19.87 Momentum score with Value at 69.78.

NiSource Inc (NYSE:NI)   

• On Aug. 5, NiSource reported in-line earnings for the second quarter and affirmed its FY26 adjusted EPS guidance with its midpoint below estimates. “Our teams continue to deliver a strong value proposition for our utility customers by providing safe and reliable service across a range of weather conditions,” said President and CEO Lloyd Yates. The company’s stock fell around 11% over the past month and has a 52-week low of $38.45.
• RSI Value: 26
• NI Price Action: Shares of NiSource fell 0.4% to close at $40.65 on Tuesday.
• Benzinga Pro’s charting tool helped identify the trend in NI stock.

Hawaiian Electric Industries Inc (NYSE:HE)

• On Aug. 7, Hawaiian Electric posted downbeat quarterly earnings. The company’s stock fell around 14% over the past month and has a 52-week low of $10.79.
• RSI Value: 25.5
• HE Price Action: Shares of Hawaiian Electric fell 0.4% to close at $11.37 on Tuesday.
• Benzinga Pro’s signals feature notified of a potential breakout in HE shares.

Don’t miss out on the full BZ Edge Rankings—compare all the key stocks now.

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