Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. $1,000. That's all it would have taken to get meaningful exposure to one of the most explosive stock runs of the AI era. When ChatGPT launched in late 2022, Nvidia was already a known name in gaming and data-center chips. What most investors didn't fully grasp yet was that Nvidia was about to becom...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. $1,000. That's all it would have taken to get meaningful exposure to one of the most explosive stock runs of the AI era. When ChatGPT launched in late 2022, Nvidia was already a known name in gaming and data-center chips. What most investors didn't fully grasp yet was that Nvidia was about to become the backbone of the generative AI boom, supplying the computing power that would train and run large language models across the tech industry. For investors who acted early, the payoff was dramatic. If you had invested in Nvidia stock when ChatGPT was released, you didn't need leverage, options, or complex strategies. You just needed access to the market, the ability to place the trade, and $1,000. That starting point matters because $1,000 isn't some unreachable bet. It's the amount SoFi is offering new investors in stock when they open an investing account, the same $1,000 that turned Nvidia into an 11× winner for early AI investors. Turning $1,000 Into More Than $11,000 When ChatGPT was released, Nvidia shares were trading at about $16.91 on a split-adjusted basis. A $1,000 investment at that price would have bought you roughly 59 shares. Fast forward to today, with Nvidia around $192 per share, and that same position would now be worth about $11,300. In other words, a buy-and-hold investment turned $1,000 into more than eleven times your money (a gain of roughly $10,300) without any strategies. No leverage. No options. No active trading. Just owning the stock. Why Nvidia Became the Biggest Winner of the AI Boom Nvidia didn't suddenly appear when AI went mainstream, it was already dominant in gaming GPUs and had benefited from earlier waves like crypto mining. What changed with ChatGPT was who needed Nvidia, and how much. Modern AI models require massive parallel computation. Training and running large language models maps almost perfectly onto Nvidia's GPUs and its CU...
Harry Wilson Harry Wilson was often a spectator rather than a player in his first three seasons at Fulham. He made 89 appearances in the league, but 48 of them were from the bench and he was taken off 34 times. Having scored just 12 league goals in three years, he was nearly shipped off to Leeds in the summer. Fast-forward to today and he has become undroppable, starting 20 of Fulham’s 22 league g...
Harry Wilson Harry Wilson was often a spectator rather than a player in his first three seasons at Fulham. He made 89 appearances in the league, but 48 of them were from the bench and he was taken off 34 times. Having scored just 12 league goals in three years, he was nearly shipped off to Leeds in the summer. Fast-forward to today and he has become undroppable, starting 20 of Fulham’s 22 league games. Only four players have been involved in more goals than Wilson’s 12 this campaign – Erling Haaland (24), Igor Thiago (17), Bruno Fernandes (15) and Antoine Semenyo (13). Of those 12 goal involvements, 10 have come in his last 11 league appearances (six goals and four assists). The Welsh winger is the form player in the league and is increasingly the man Fulham turn to in big moments. When he stood over a free-kick in the 92nd minute against Brighton last Saturday there was a hush over Craven Cottage and a strange sense of inevitability in the air. He stepped up, curled the ball into the top corner of the Brighton goal and turned a draw into a win. Delivering in big moments has become Wilson’s signature; without his contributions Fulham would be 12 points worse off this season. His eight goals have all been masterclasses in ball striking: from an audacious effort from the touchline at Spurs to his outside-of-the-boot finish against Palace that earned him December’s goal of the month. He has scored eight goals with an xG of just 3.81, giving him a +4.19 xG difference – the second highest in the league. Igor Thiago From bricklaying in Brazil to bullying centre-backs in the Premier League, Igor Thiago’s rise has been emphatic. Brentford signed him in the summer of 2024 to replace Ivan Toney, the club’s talismanic striker who scored 72 goals in 141 appearances, but Thiago’s first season was frustrating. Two knee injuries limited him to fleeting cameos and, by the time he returned to full fitness, he was filling a void that had grown larger with the departures of Yoane Wiss...
Hi everyone. Today we’re diving into one dramatic video-game launch story, but first... This week’s top gaming news: Capcom Co. shares rose as much as 12% thanks to a Resident Evil boost Nintendo Co. and Sony Group Corp. are facing pressure on soaring memory-chip prices And a Switch 2 price hike could be looming An awkward announcement Last month at the Game Awards, minutes before handing out the ...
Hi everyone. Today we’re diving into one dramatic video-game launch story, but first... This week’s top gaming news: Capcom Co. shares rose as much as 12% thanks to a Resident Evil boost Nintendo Co. and Sony Group Corp. are facing pressure on soaring memory-chip prices And a Switch 2 price hike could be looming An awkward announcement Last month at the Game Awards, minutes before handing out the accolade for Game of the Year, host Geoff Keighley solemnly took the stage to introduce what he said would be the final video-game announcement of the night: a multiplayer shooter called Highguard . Millions of people tune into Keighley’s show every year not to see who won “Best Esports Team” or “Best Action Game” but to be surprised by exciting game reveals. The final announcement is usually a big deal. In 2023, it was a new Monster Hunter. In 2024, it was Intergalactic: The Heretic Prophet , a new franchise from The Last of Us developer Naughty Dog. This year, people had high hopes for a Half-Life game or another huge surprise. Instead came Highguard , a free-to-play shooter set in a fantasy world developed by Wildlight Entertainment Inc., an independent studio made up of people who designed Apex Legends and Titanfall at Electronic Arts Inc.’s Respawn. Viewers were baffled that this was the night’s final announcement, scoffing that the trailer was trite and generic . The game seemed destined to get lost in the sea of multiplayer games that look just like it. “We didn’t do a great job with our trailer,” Dusty Welch, the chief executive officer of Wildlight, said in an interview this week. “We own that.” Welch and his team had originally planned to “shadowdrop” Highguard — simultaneously announcing and releasing it, as they successfully did for their smash hit Apex Legends — until Keighley convinced them to unveil the game at his awards show instead. In retrospect, that may have been a mistake. In the weeks after it was announced, Highguard became a punching bag for a caval...
Earlier this month, Anthropic launched Cowork, a new agentic tool designed to take the benefits of its AI coding assistant Claude Code and transform it into a more general-use tool that non-coders could benefit from. Now Anthropic has launched a new feature within Cowork to make it even more powerful for enterprise users. Behold, the plugin. The idea behind plugins is simple: They are designed to ...
Earlier this month, Anthropic launched Cowork, a new agentic tool designed to take the benefits of its AI coding assistant Claude Code and transform it into a more general-use tool that non-coders could benefit from. Now Anthropic has launched a new feature within Cowork to make it even more powerful for enterprise users. Behold, the plugin. The idea behind plugins is simple: They are designed to automate “specialized” tasks within a company’s various departments. Whether that function is drafting content for the marketing department, reviewing risks in documents for a firm’s legal team, or drafting responses for customer support, the plugin is designed to use agentic automation to streamline work with a specialized focus. The company says you can use plugins to “tell Claude how you like work done, which tools and data to pull from, how to handle critical workflows, and what slash commands to expose so your team gets more consistent outcomes.” Matt Piccolella, who works on the product team at Anthropic, told TechCrunch that plugins are built to be customized and that the company expects enterprise users to create their very own bespoke use cases for them. Anthropic open sourced 11 of its in-house plugins as part of the release on Friday, but noted that custom plugins are “easy to build, edit, and share” and can be utilized without much technical expertise. Plugins have already been available within Claude Code for some time, and their expansion into Cowork is merely designed to take that same utility and share it with different kinds of users. “Really, what we’re doing with this launch is just bringing them to Cowork and giving them that kind of user friendly, UI-centric flavor that will allow the maximum number of people to use them,” Piccolella said. Piccolella pointed to data analysis and sales as two departments within Anthropic where plugins have already shown promise. “Sales has been a really big one, both for our direct sales people, but then also just gettin...
Brookfield Renewable has the best access to capital and the power to go anywhere in the world to deploy it into leading power assets. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Brookfield Renewable (BEP +5.55%)(BEPC +6.42%), a key partner to power Microsoft (MSFT 0.59%) and its expanding AI and Cloud infrastructure, is built to be a big winner for investors over...
Brookfield Renewable has the best access to capital and the power to go anywhere in the world to deploy it into leading power assets. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Brookfield Renewable (BEP +5.55%)(BEPC +6.42%), a key partner to power Microsoft (MSFT 0.59%) and its expanding AI and Cloud infrastructure, is built to be a big winner for investors over the long term. *Stock prices used were from the afternoon of Jan. 28, 2026. The video was published on Jan 30, 2026.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Friday, shares of C3.ai Inc (Symbol: AI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $11.065 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 54.4. A bullish investor could look at AI's 29.3 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AI shares: Looking at the chart above, AI's low point in its 52 week range is $11.065 per share, with $35.98 as the 52 week high point — that compares with a last trade of $11.35. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Xi Jinping’s ousting of the country’s top general underscores the concentration of power in the hands of a few – with dangers for us all Sir Keir Starmer is only one of the middle power leaders trekking to Beijing to renew relations. No one has forgotten China’s increasing international forcefulness, its handling of the pandemic and its closer relations with Russia as war engulfed Ukraine. But the...
Xi Jinping’s ousting of the country’s top general underscores the concentration of power in the hands of a few – with dangers for us all Sir Keir Starmer is only one of the middle power leaders trekking to Beijing to renew relations. No one has forgotten China’s increasing international forcefulness, its handling of the pandemic and its closer relations with Russia as war engulfed Ukraine. But the wildness of Donald Trump’s first year back in power is spurring Canada , France and others to hedge their bets. This, not whisky tariff cuts, is what the British prime minister sought. Mr Trump called the move “dangerous”, but threatens allies and describes Xi Jinping as a “friend”. Set beside this administration, Beijing looks no more benevolent but does appear relatively predictable. Yet the important news from Beijing in recent days was not Sir Keir’s visit but the news that Xi Jinping had purged its top general , Zhang Youxia. No one is too mighty to be ousted in a system which, while stable, looks increasingly like a “party of one” . The Chinese leader’s campaign has whittled the Central Military Commission, the top military body, from seven figures to just Mr Xi himself and the armed forces’ anti-corruption chief. He had already toppled officials at all levels of the party, including potential heirs, brushed aside term limits and fostered a personality cult. Now he is completely overhauling the People’s Liberation Army. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
The market is in the hands of Big Tech once again. That’s worrisome given the concerns around the AI bubble and circular spending that has consumed investors in recent months.
The market is in the hands of Big Tech once again. That’s worrisome given the concerns around the AI bubble and circular spending that has consumed investors in recent months.
TSMC's founder, Morris Chang, who is reportedly in ailing condition, managed to meet NVIDIA's Jensen Huang during his latest visit to Taiwan. TSMC's Founder Morris Chang Meets NVIDIA's Jensen Huang While Being In a Wheelchair, But Spirits Are High TSMC is undoubtedly one of NVIDIA's most important manufacturing partners, and especially amid the AI frenzy, the Taiwan chip giant has become an entity...
TSMC's founder, Morris Chang, who is reportedly in ailing condition, managed to meet NVIDIA's Jensen Huang during his latest visit to Taiwan. TSMC's Founder Morris Chang Meets NVIDIA's Jensen Huang While Being In a Wheelchair, But Spirits Are High TSMC is undoubtedly one of NVIDIA's most important manufacturing partners, and especially amid the AI frenzy, the Taiwan chip giant has become an entity Jensen relies on heavily. Because of this, NVIDIA's CEO's first global visit this year was to Taiwan, where he intended to meet local leaders, and most importantly, TSMC's founder, Morris Chang. According to a DigiTimes report quoting local media, TSMC's founder visited a restaurant in Taipei to meet Jensen Huang, and the media managed to take pictures of the 94-year-old semiconductor 'godfather', marking his first appearance in more than a year. NVIDIA's Jensen Huang didn't discuss his reason for meeting Chang, but the two have had a close relationship for several decades now, especially around the time NVIDIA chose TSMC as its main foundry partner. We recently reported that Jensen had "promised" Chang to be his largest customer, despite Team Green being a small entity at the time. The relationship between NVIDIA's CEO and TSMC's founder extends beyond semiconductors, and for those unaware, Jensen was also offered the CEO position at TSMC, but he eventually had to refuse it. Image Credits: SETN Whenever NVIDIA's CEO visits Taiwan, it is during one of the most crucial times in the AI industry, and right now, the Vera Rubin ramp-up is in focus. Jensen is expected to hold the iconic "trillion-dollar" banquet with Taiwanese partners tomorrow, where firms like Foxconn, Wistron, and others will likely take NVIDIA's CEO into confidence around what's happening with Vera Rubin. NVIDIA has always maintained close relations with its partners, which is one of the reasons the company remains at the forefront of product cycles and manufacturing shifts. The dedication of Morris Chang is...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Take-Two Interactive Software, Inc. (Symbol: TTWO) entered into oversold territory, hitting an RSI reading of 23.0, after changing hands as low as $140 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 40.7. A bullish investor could look at TTWO's 23.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of TTWO shares: Looking at the chart above, TTWO's low point in its 52 week range is $140 per share, with $214.91 as the 52 week high point — that compares with a last trade of $140.49. Find out what 9 other oversold stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Sandwich chain Jersey Mike’s Subs is selling about $760 million of bonds and telling investors it reserves the right to repay about half of the principal early with proceeds from a future initial public offering, an unusual feature for the debt. An IPO may be coming relatively soon for the company: Jersey Mike’s is working with a trio of banks to complete an offering as soon as the third quarter, ...
Sandwich chain Jersey Mike’s Subs is selling about $760 million of bonds and telling investors it reserves the right to repay about half of the principal early with proceeds from a future initial public offering, an unusual feature for the debt. An IPO may be coming relatively soon for the company: Jersey Mike’s is working with a trio of banks to complete an offering as soon as the third quarter, Bloomberg reported on Wednesday. The company, owned by private equity firm Blackstone, is looking to raise as much as $1 billion in the equity sale. Jersey Mike’s is currently selling securitized bonds known as “whole business” securities, according to people with knowledge of the transaction, who asked not to be identified discussing sensitive information. Whole business bonds, in which a company pledges essentially all of its revenue-generating assets as collateral, are most commonly sold by restaurant chains with franchises. Jersey Mike’s last sold whole business bonds in July . Up to half of the debt could be paid down with proceeds of any IPO without a penalty, the people said. Proceeds from the deal will be used to refinance existing whole business bonds from 2019 and 2021, according to other people familiar with the transaction. Blackstone and Guggenheim declined to comment. A spokesperson for Jersey Mike’s didn’t immediately respond to requests for comment.
Countless reports and celebrities have called for greater working-class representation, so why has nothing changed? In his McTaggart lecture at the Edinburgh TV festival in 2024 , the playwright James Graham called class “everyone’s least favourite diversity and representation category”. A socioeconomic duty on public bodies was included in 2010’s Equality Act, but has never been enacted. Now Clas...
Countless reports and celebrities have called for greater working-class representation, so why has nothing changed? In his McTaggart lecture at the Edinburgh TV festival in 2024 , the playwright James Graham called class “everyone’s least favourite diversity and representation category”. A socioeconomic duty on public bodies was included in 2010’s Equality Act, but has never been enacted. Now Class Ceiling , a review from Manchester University, co-chaired by the former chief prosecutor Nazir Afzal, is calling for change. It wants class to be made a legally “protected characteristic” like race and sex (and several others), to address the class crisis in the arts – not just in the north-west but across the UK. The report tells a depressingly familiar story. A 2022 study showed that the proportion of working-class actors, musicians and writers has halved since the 1970s; another in 2024 found that fewer than one in 10 arts workers in the UK had working-class roots. Top-selling musicians are six times more likely than other people to have attended private schools, and Bafta-nominated actors five times more likely to have done so . The same is true behind the scenes: last year Guardian analysis found that 30% of artistic directors and creative leaders were privately educated. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of DraftKings Inc (Symbol: DKNG) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $31.46 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 68.1. A bullish investor could look at DKNG's 29.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DKNG shares: Looking at the chart above, DKNG's low point in its 52 week range is $29.64 per share, with $53.61 as the 52 week high point — that compares with a last trade of $31.60. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Monday, shares of Rivian Automotive Inc (Symbol: RIVN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $12.53 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 67.8. A bullish investor could look at RIVN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of RIVN shares: Looking at the chart above, RIVN's low point in its 52 week range is $9.50 per share, with $18.855 as the 52 week high point — that compares with a last trade of $12.59. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Sentiment shifted sharply against software stocks, weighing on Axon. Shares of Axon Enterprise (AXON 4.98%), the maker of TASER electrical weapons and body cameras, were taking a dive this week, even though there was no major company-specific news out on it. Instead, the sell-off seemed to be part of a broader wipeout in software-as-a-service (SaaS) stocks due to concerns about disruption from AI ...
Sentiment shifted sharply against software stocks, weighing on Axon. Shares of Axon Enterprise (AXON 4.98%), the maker of TASER electrical weapons and body cameras, were taking a dive this week, even though there was no major company-specific news out on it. Instead, the sell-off seemed to be part of a broader wipeout in software-as-a-service (SaaS) stocks due to concerns about disruption from AI and lofty valuations in the sector. As of Friday at 12:09 p.m. ET, Axon stock was down 19.1% for the week. As the chart below shows, the stock primarily fell on Wednesday and Thursday. Expand NASDAQ : AXON Axon Enterprise Today's Change ( -4.98 %) $ -25.38 Current Price $ 484.20 Key Data Points Market Cap $40B Day's Range $ 484.20 - $ 509.01 52wk Range $ 469.24 - $ 885.91 Volume 20K Avg Vol 879K Gross Margin 60.31 % What a no-news sell-off means for Axon A sell-off of this degree without a specific cause is unusual for any stock, especially one as established as Axon, but there was a clear sentiment shift in software this week as industry titans like Microsoft, ServiceNow, and SAP all fell double digits after reporting earnings, though their results were mostly in line with estimates. To the extent that software is under threat from AI, Axon seems relatively insulated. The company has built an impressive network of competitive advantages with hardware like TASERs and body cameras that connect with software that manages things like evidence, records, and investigations. That strategy and a series of acquisitions have made the company the clear leader in law enforcement technology, and even with AI shaking up the competitive landscape, it will be difficult to unseat Axon's leadership role. What's next for Axon Following the sell-off, Axon now trades at a price-to-sales ratio of 16. That's far from cheap, but it is a significantly better price than the company has traded at for most of the last year-and-a-half. Axon has also been delivering excellent results in recent quarters...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Thursday, shares of Champion Homes Inc (Symbol: SKY) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $88.825 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 53.4. A bullish investor could look at SKY's 29.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of SKY shares: Looking at the chart above, SKY's low point in its 52 week range is $64.8203 per share, with $116.49 as the 52 week high point — that compares with a last trade of $88.47. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trad...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In trading on Friday, shares of Rocket Companies Inc Class A (Symbol: RKT) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $17.05 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 54.4. A bullish investor could look at RKT's 29.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of RKT shares: Looking at the chart above, RKT's low point in its 52 week range is $10.94 per share, with $24.36 as the 52 week high point — that compares with a last trade of $17.33. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.