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The most oversold stocks in the consumer discretionary 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.

Yeti Holdings Inc (NYSE:YETI)

• On Aug. 13, YETI Holdings reported mixed second-quarter financial results. Matt Reintjes, Chair of the Board and Chief Executive Officer, said, “YETI delivered a strong second quarter, with 9% top-line growth, and stronger-than-expected profitability. We also completed $130 million in share repurchases, reflecting the durability of our business model and the cash-generating strength of our operating platform.” The company’s stock fell around 19% over the past month and has a 52-week low of $31.66.
• RSI Value: 29.5
• YETI Price Action: Shares of Yeti Holdings rose 0.1% to close at $41.84 on Thursday.
• Edge Stock Ratings: 36.94 Momentum score with Value at 58.64.

Papa John’s International Inc (NASDAQ:PZZA)           

• On Aug. 24, Papa Johns announced KM Capital as new franchise partner in Mexico. “Mexico is an important market for Papa Johns, and KM Capital brings the local expertise, commercial discipline and strategic growth mindset needed to support the brand’s next phase,” said John Matter, Global Chief Development Officer at Papa Johns. “Together, we are focused on enhancing the customer experience, growing our presence in the market and building a stronger Papa Johns brand for consumers across Mexico.” The company’s stock fell around 25% over the past month and has a 52-week low of $22.77.
• RSI Value: 27.9
• PZZA Price Action: Shares of Papa John’s fell 1.6% to close at $23.23 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in PZZA stock.

Strattec Security Corp (NASDAQ:STRT)

• On Aug. 25, Strattec Security posted upbeat quarterly results and announced a new $40 million stock buyback program. The company’s stock fell around 21% over the past month and has a 52-week low of $57.01.
• RSI Value: 28.5
• STRT Price Action: Shares of Strattec Security fell 3.3% to close at $70.29 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in STRT 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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