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Top 3 Materials Stocks Which Could Rescue Your Portfolio This Month
BONBon Natural Life (BON) Benzinga·2025-03-18 12:32

Core Insights - The materials sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, typically below 30 [1] Company Summaries - Bon Natural Life Ltd (BON): Recently announced a 12millionofferingof8,333,332sharesat12 million offering of 8,333,332 shares at 1.44/share. The stock has fallen approximately 53% over the past month, with a 52-week low of 0.55.CurrentRSIis29.5,andsharesclosedat0.55. Current RSI is 29.5, and shares closed at 0.61 after a 57.5% dip [3] - ZK International Group Co Ltd (ZKIN): Resolved Nasdaq bid price deficiency and remains compliant. The stock has decreased around 27% in the last month, with a 52-week low of 1.24.CurrentRSIis28,andsharesclosedat1.24. Current RSI is 28, and shares closed at 1.30 [3] - Perimeter Solutions Inc (PRM): Reported positive quarterly results but saw a stock decline of about 24% over the past month, with a 52-week low of 6.01.CurrentRSIis29.8,andsharesclosedat6.01. Current RSI is 29.8, and shares closed at 9.09 after a 1.4% drop [3]