Top 3 Real Estate Stocks That Could Blast Off In March

The most oversold stocks in the real estate 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. American Healthcare REIT Inc (NYSE:AHR) On March 13, Truist Securities analyst Michael Lewis maintained American Healthcare with a Buy and raised the price target from $52 to $57. The company's stock fell around 9% over the past month and has a 52-week low of $26.48. RSI Value: 29.7 AHR Price Action: Shares of American Healthcare closed at $47.41 on Thursday. Edge Stock Ratings: 84.04 Momentum score with Value at 45.59. Site Centers Corp (NYSE:SITC) On March 3, SITE Centers announced the sale of 3030 North Broadway. The company's stock fell around 13% over the past month and has a 52-week low of $5.30. RSI Value: 29.5 SITC Price Action: Shares of Site Centers closed at $5.37 on Thursday. Benzinga Pro’s charting tool helped identify the trend in SITC stock. Realty Income Corp (NYSE:O) On March 23, Realty Income announced closing of $694 million term loan due 2036. The company's stock fell around 10% over the past month and has a 52-week low of $50.71. RSI Value: 28.9 O Price Action: Shares of Realty Income closed at $60.27 on Thursday. Benzinga Pro’s signals feature notified of a potential breakout in O shares. Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare. Photo via Shutterstock