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S&P 500
Benzinga
3 hrs

Top 3 Consumer Stocks Which Could Rescue Your Portfolio In Q3

1. Consumer discretionary stocks are currently oversold, indicating potential buying opportunities. 2. Dutch Bros Inc has an RSI of 27.5 and a recent price target of $85. 3. Goodyear Tire’s RSI is at 16.8 with a neutral outlook and target of $10. 4. Deckers Outdoor has an underperform rating; RSI at 27.7 and a target of $100. 5. Downward price trends for these companies could impact S&P 500 performance.

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FAQ

Why Neutral?

While some stocks are oversold, the overall sentiment remains cautious. Historical examples show mixed responses in similar situations during market corrections.

How important is it?

The article highlights a buyer's market, but mixed analyst outlooks could dampen confidence.

Why Short Term?

The oversold status indicates potential short-term reversals, but uncertainty remains high.

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