Top 3 Defensive Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the consumer staples 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.

Dollar General Corp (NYSE:DG)

• On March 24, Dollar General named Jerry W. Fleeman Jr as CEO, effective Jan. 1, 2027, succeeding Todd Vasos. The company's stock fell around 22% over the past month and has a 52-week low of $84.70.
• RSI Value: 29.7
• DG Price Action: Shares of Dollar General fell 1.4% to trade at $118.76 on Thursday.
• Edge Stock Ratings: 91.92 Momentum score with Value at 93.51.

J M Smucker Co (NYSE:SJM)     

• On March 30, Deutsche Bank analyst Steve Powers maintained JM Smucker with a Hold and lowered the price target from $117 to $97. The company's stock fell around 17% over the past month and has a 52-week low of $93.30.
• RSI Value: 29.5
• SJM Price Action: Shares of Smucker slipped 0.1% to trade at $95.42 on Thursday.
• Benzinga Pro’s charting tool helped identify the trend in SJM stock.

Estee Lauder Companies Inc (NYSE:EL)

• On March 30, Deutsche Bank analyst Steve Powers maintained Estee Lauder with a Buy and lowered the price target from $124 to $108. The company's stock fell around 33% over the past month and has a 52-week low of $48.37.
• RSI Value: 26.4
• EL Price Action: Shares of Estee Lauder fell 4.6% to trade at $67.44 on Thursday.
• Benzinga Pro’s signals feature notified of a potential breakout in EL shares.

Curious about other BZ Edge Rankings? Click here to discover how similar stocks measure up.

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