12 Most Oversold Large Cap Stocks to Invest in Now

In this article, we will be taking a look at the 12 most oversold large cap stocks to invest in now.

Impact of Tariff Uncertainty on Wall Street and the Future of US Stocks

Wall Street is being impacted by the uncertainty surrounding the tariff news. The broader has dropped a lot since Trump took office on January 20, and investors are mostly worried about tariffs because they think they could hurt economic growth and cause inflation. Investors think trade policies can reduce consumer confidence and restrict businesses’ ability to invest capital, while Trump believes tariffs can boost national revenue, promote broad-based growth, and be used as a negotiation weapon with other nations.

According to Franklin Templeton, the Magnificent Seven’s supremacy in AI has allowed US stocks to generate significant returns over the last few years, with the broader market frequently hitting all-time highs. The outlook for the market as a whole is favorable, notwithstanding high valuations. Sales growth has been accelerating, innovation and investment are still happening at a rapid pace, and this year’s earnings are predicted to increase by double digits. Additionally, the administration of the US economy is more business-friendly. However, there are concerns, primarily associated with US trade policy and the anticipated effects of tariffs on important industries, such as technology.

Franklin Templeton thinks that despite these risks, investor confidence in US stocks should continue to be high. The new administration’s policy reforms are anticipated to finally produce long-term benefits for the larger US economy, notwithstanding the possibility of increased dangers.

Franklin Templeton also stated that although the Mag 7 stocks are positioned for long-term success, market leadership is anticipated to expand as and when innovation accelerates. According to the investment firm, active management is crucial. The transition from AI platforms to infrastructure is still in progress. Consequently, it is anticipated that the success of investments will depend on the ability to select the appropriate companies at the right time—those that have the technology, strategy, and flexibility to continue and sustain long-term growth.

Thanks to innovation and investment, US stocks—mostly large-cap stocks—have been doing well. Notably, the Dow index has increased by more than 4.5% in the last six months. The investment business sees expanding chances beyond such market leaders, even though the Mag 7 stocks still sustain the market momentum. The competitive landscape is still dynamic and has been generating new development sectors as a result of the ongoing AI-driven cycle.

Amidst these trends, let us now have a look at the 12 Most Oversold Large Cap Stocks to Invest in Now.

12 Most Oversold Large Cap Stocks to Invest in Now

Stocks

Our Methodology

For our methodology, we screened for stocks with a market capitalization exceeding $10 billion and a relative strength index (RSI) below 40. We then ranked these stocks based on the lowest RSI as of March 23, 2025. An RSI below 40 suggests that the stock is oversold.

At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Here is our list of the 12 most oversold large cap stocks to invest in now.

12. FedEx Corporation (NYSE:FDX)

Relative Strength Index: 29.22

FedEx Corporation (NYSE:FDX) is a global logistics leader specializing in package and freight delivery. The company operates the world’s largest cargo airline with 697 aircraft, an extensive ground network with over 600 facilities and 40 hubs, and it invests heavily in technology for automation and tracking.

FedEx Corporation (NYSE:FDX)’s third-quarter fiscal 2025 results showed mixed performance, with revenue rising 2% year-over-year to $22.2 billion, surpassing expectations. Its adjusted operating income grew by 12%, which was driven by cost reductions under the DRIVE program, while adjusted EPS increased by 17% to $4.51 but fell short of Wall Street estimates of $4.59. The company also achieved $600 million in quarterly cost savings and lowered capital expenditures to $997 million, revising its full-year forecast to $4.9 billion from $5.2 billion. Additionally, the business continued its shareholder returns, completing $500 million in share repurchases, bringing the year-to-date total to $2.5 billion.

Despite these improvements, FedEx Corporation (NYSE:FDX) faces several challenges. The company also lowered its FY25 adjusted EPS guidance to $18-$18.60, which was down from the previous $19-$20 range, citing inflationary pressures and weaker industrial demand. The corporation’s Freight revenue declined by 5% due to lower volumes and reduced fuel surcharges, while the expiration of its U.S. Postal Service contract led to a significant drop in domestic express freight volumes. These headwinds, along with its inclusion among the most oversold stocks, underscore the company’s ongoing struggle to balance cost efficiencies with external economic pressures.

11. CGI Inc. (NYSE:GIB)

Relative Strength Index: 28.77

CGI Inc. (NYSE:GIB) is a global IT and business consulting firm based in Montreal, Canada, helping organizations improve efficiency through IT solutions. It offers consulting, systems integration, and managed IT services, working with clients across industries like government, banking, healthcare, and manufacturing.

CGI Inc. (NYSE:GIB) delivered strong first-quarter results for the fiscal year 2025 and showed steady growth and operational efficiency. Its revenue rose 5.1% year-over-year to C$3.8 billion, with notable growth in the U.S. Federal sector (14%), Canada (5.9%), and the Asia-Pacific region (5.2%). Its bookings reached C$4.2 billion, resulting in a solid book-to-bill ratio of 110%, which reflected strong demand for CGI’s services.

The company’s profitability also improved, with earnings before income taxes reaching C$592 million, a margin of 15.6%, up 100 basis points from last year. The adjusted EBIT margin stood at 16.2%, while diluted EPS climbed 15% to C$1.92. The company generated C$646 million in cash from operations, representing 17.1% of total revenue, and approved a quarterly dividend of C$0.15 per share. Notably, CGI Inc. (NYSE:GIB) was among the most oversold stocks recently, reflecting market fluctuations despite its strong financial performance.

CGI Inc. (NYSE:GIB)’s growth was fueled by strong performance in North America, particularly in government and financial services. Cost optimization efforts contributed to higher profitability, while the company’s long-term strategy of strategic acquisitions and high-value services continued to drive success.

CGI Inc. (NYSE:GIB) also acquired BJSS recently, a major IT and software engineering consultancy in the U.K., expanding its capabilities in key commercial industries, which further strengthened its position. The company has also earned endorsements from analysts recognizing its expertise in AI, data modernization, cloud, and cybersecurity, reinforcing its reputation as a leader in the IT services industry.

10. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Relative Strength Index: 28.75

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stands tenth among the 12 most oversold large cap stocks to invest in now. It is a global IT services and consulting firm that helps businesses navigate digital transformation through AI, cloud computing, digital engineering, and business process outsourcing. What sets the company apart is its deep industry expertise and strong global presence, which allows it to offer tailored solutions and round-the-clock service to multinational clients while leveraging local market insights.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH)’s Q4 2024 earnings call on February 5, 2025, showcased strong financial performance, with EPS of $1.21 surpassing expectations of $1.12. Its revenue grew 6.7% year-over-year in constant currency, reaching $5.1 billion, which was driven by organic growth and strategic acquisitions like Belcan. Notably, the Health Sciences segment thrived due to the continued strength of the TriZetto platform, while Financial Services saw increased demand for cloud, data, and modernization services.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) also demonstrated significant momentum in large deals, signing 10 in Q4 alone, up from seven the previous year, bringing the 2024 total to 29—nearly doubling the 17 signed in 2023. These deals spanned key service areas such as digital engineering, cloud solutions, and financial services. Improved cost efficiency was another highlight, as the company’s adjusted operating margin expanded to 15.7%, thanks in part to the completion of the NextGen cost program. This margin growth has enabled the company to reinvest in AI and acquisitions.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is also making strategic moves in AI, launching industry-specific solutions like Stores 360 for retail and a Toyota partnership in automotive. Additionally, the company is strengthening its partnerships with major players like McDonald’s and Gilead Sciences to drive digital transformation. To enhance operational efficiency and expand its talent base, the business is establishing Global Capability Centers (GCCs) in India, which further solidifies its position in the digital services space.

9. Infosys Limited (NYSE:INFY)

Relative Strength Index: 28.67

Infosys Limited (NYSE:INFY) is a global leader in digital services. It is based in Bengaluru, India, and serves major industries like aerospace, healthcare, and finance. The company is known for its focus on innovation and specializes in AI, cloud computing, and data analytics. Its latest AI platform, Topaz, with 150+ pre-trained models, helps modernize systems, improve customer experiences, and boost cybersecurity.

Infosys Limited (NYSE:INFY)’s Q3 2025 earnings call highlights strong performance and promising future growth. The company reported a 1.7% quarter-on-quarter and 6.1% year-on-year revenue growth in constant currency, which was driven by strong results in Europe, India, and the manufacturing sector. This growth reflects the company’s consistent execution and momentum. The business also secured $2.5 billion in large deals, with 63% of them being new contracts.

The company’s profitability remained robust, with the operating margin improving to 21.3%, up 20 basis points sequentially. This expansion was driven by factors like currency movements, project efficiencies, and lower costs. Infosys Limited (NYSE:INFY) achieved an 11.4% year-on-year increase in EPS, reaching INR 16.43. Additionally, the corporation generated a record-high free cash flow of $1.26 billion, which reflected a strong focus on cash conversion, with free cash flow as a percentage of net profit hitting 136% for the nine months.

The company’s headcount grew by over 5,000 employees, bringing the total to more than 323,000, with a reduced attrition rate of 13.7%. Their revenue growth was driven by increased discretionary spending in financial services and retail sectors, particularly in the U.S., and strong performance in Europe’s financial services. The company also reported significant improvements in free cash flow, up 51% from the previous quarter and 90% from the same period last year.

Looking ahead, Infosys Limited (NYSE:INFY) revised its revenue growth guidance to 4.5% to 5% in constant currency, reflecting confidence in its ongoing growth and strategic partnerships. The company continues to expand its market reach and strengthen its leadership in areas like sustainability and corporate governance.

8. Deckers Outdoor Corporation (NYSE:DECK)

Relative Strength Index: 28.66

Deckers Outdoor Corporation (NYSE:DECK), based in Goleta, California, designs and distributes footwear, apparel, and accessories for both casual and high-performance needs. Its portfolio includes popular brands like UGG, HOKA, Teva, Sanuk, and Koolaburra, targeting different market segments. The company sells products through department stores, retail outlets, company-operated stores, and e-commerce across 50+ countries. The company stands out for transforming niche footwear brands into market leaders through innovation, quality, and strategic placement, combining cutting-edge technology with performance-driven design.

Deckers Outdoor Corporation (NYSE:DECK)’s revenue grew 17% year over year to $1.8 billion in the fiscal third quarter of 2025, making it its highest and most profitable quarter ever. The gross margins also increased to 60.3% this time. Due to its outstanding brand performance, UGG experienced a 16% year-over-year rise to $1.2 billion, with balanced growth across global direct-to-consumer (DTC) and wholesale channels. DTC increased by 27% and wholesale by 21%, while HOKA climbed by 24% year over year to $531 million.

To focus on more important organic growth prospects, Deckers Outdoor Corporation (NYSE:DECK) intends to phase out its Koolaburra brand in the future. With a 15% revenue growth rate forecast for the fiscal year 2025, the company has improved its outlook for the sixth year in a row of growth in the mid-teens or above, positioning it among the most oversold stocks despite its strong performance.

FPA Queens Road Small Cap Value Fund stated the following regarding Deckers Outdoor Corporation (NYSE:DECK) in its Q4 2024 investor letter:

Deckers Outdoor Corporation (NYSE:DECK) is a footwear and apparel company that owns the UGG, Hoka, Teva, Sanuk, and Koolaburra brands. Management has done a terrific job growing and extending the UGG franchise and developing Hoka running shoes. We first bought a small position in Deckers in 2015 and 2016 when the company was struggling with supply chain issues. The stock has been up more than ten times since then because of its excellent operating performance. We have trimmed up. In 2024, the company’s market cap exceeded $20 billion and we trimmed even more substantially. Deckers trades at over thirty times forward earnings (as of Dec. 31, 2024) and we continue to trim.”

7. T. Rowe Price Group, Inc. (NASDAQ:TROW)

Relative Strength Index: 28.22

The seventh stock on our list of the 12 most oversold large cap stocks to invest in now is T. Rowe Price Group, Inc. (NASDAQ:TROW). It is a global investment management firm that offers financial services like investment funds, retirement plans, and advisory services to individuals, institutions, and financial intermediaries. The company generates revenue by charging fees based on a percentage of assets under management (AUM).

Wells Fargo analyst Michael Brown kept the stock at a Hold rating on March 13 and set a price target of $116. The company’s difficulties and the varying market conditions are reflected in this decision, especially the 1.4% drop in assets under management (AUM) in February 2025. The analyst pointed out that a sluggish US equity market and net outflows of $4.7 billion, including large outflows from US mutual funds—a crucial component of T. Rowe Price Group, Inc. (NASDAQ:TROW)’s operations—were the main causes of the decline. Furthermore, the company’s substantial exposure to equities, particularly growth-oriented funds, has been a challenge amid recent market volatility, although some encouraging indicators, such as robust inflows into ETFs and target date funds.

Lindsell Train stated the following regarding T. Rowe Price Group, Inc. (NASDAQ:TROW) in its Q3 2024 investor letter:

T. Rowe Price Group, Inc. (NASDAQ:TROW) is the only asset manager held in your Fund. The headwinds to this industry, notably the long-term shift to passive and resultant fee pressures, are well known, leading to mouthwatering valuations for what can be extremely profitable companies. In our view T. Rowe stands out with its trillion-dollar scale, exceptional margins, and a long track record of headwind-defying growth, affording it a place in our portfolio since inception. Its shares, however, have not been stellar performers over this four-year+ period, returning just c.30% in USD vs. the MSCI North America’s c.120%. In this month’s update, we outline our reasons for continued optimism.

Founded back in 1937 by renowned growth investor Thomas Rowe Price Jr. (a pioneer of basing fees on assets), the eponymous T. Rowe Price is now one of the biggest active managers in the US with $1.6tn under management. This gives it the rare attributes of heritage, a resonant brand, and a vast scale. With costs generally fixed (excepting c.30% of variable compensation) asset management thrives on operating leverage, with T. Rowe no exception, leveraging its scale to deliver at least 30% operating margins every year for three decades. Returns to equity bound between 20-and 30%, and with over $2bn of net cash on the balance sheet, almost all earnings are returned to shareholders via buybacks and a generous 4.5% dividend yield…” (Click here to read the full text).

6. TELUS Corporation (NYSE:TU)

Relative Strength Index: 27.92

TELUS Corporation (NYSE:TU) is a Canadian company that provides wireless and wireline telecommunication services, including voice, data services, mobile, IP, television, video and security, internet, and cloud-based solutions. The corporation serves North America, Europe, Asia, and Central America, with its headquarters located in British Columbia, Canada.

TELUS Corporation (NYSE:TU) has surged by over 4% since the start of 2025. With an EPS of $0.54 in the recently released fourth-quarter data, the expected $0.49 gain was exceeded. Additionally, revenue exceeded the projected amount of $32.07 billion to $32.23 billion. New client services for telecom in 2024 were credited with improving performance efficiency. The company’s combined mobile and home product offerings brought in over 1,200,000 additional clients.

The company’s stock has a favorable outlook in the market due to its financial success and apparent growth in its client base. TELUS Corporation (NYSE:TU) has a high dividend yield of 7.28%.

5. The Trade Desk, Inc. (NASDAQ:TTD)

Relative Strength Index: 26.36

The Trade Desk, Inc. (NASDAQ:TTD) is a global advertising technology company specializing in programmatic advertising. It offers marketers a self-service, cloud-based platform to plan, manage, optimize, and track data-driven digital ad campaigns across several channels and formats.

On March 18, Justin Patterson, an analyst at KeyBanc, maintained his Overweight rating on The Trade Desk, Inc. (NASDAQ:TTD) but reduced the firm’s price objective to $74 from $130. The company’s fiscal third quarter of 2024 saw a 27% year-over-year rise in sales. CTV continued to be the company’s biggest and fastest-growing channel, while partnerships with Disney, NBCUniversal, Netflix, Roku, LG, and Walmart grew.

To improve its position in the market, management also pointed out that the company is growing in sectors like retail media, identity management, and measurement solutions. Notably, The Trade Desk, Inc. (NASDAQ:TTD) has been among the most oversold stocks, even as it aggressively looks into methods to incorporate AI into its array of products, algorithms, and services to maintain its competitive edge in the rapidly changing ad tech market.

Rowan Street Capital stated the following regarding The Trade Desk, Inc. (NASDAQ:TTD) in its Q4 2024 investor letter:

“The Trade Desk has been our most successful investment to date. March 2025 will mark five years since we opportunistically initiated our position at a cost basis of $17.40 (split-adjusted). Since then, TTD has appreciated more than sevenfold, delivering an annualized return of approximately 54%.

These exceptional results far outpace the company’s strong fundamental growth, with revenues and earnings compounding at approximately 25% annually over this period (refer to the table below). The primary reason for this outsized return lies in the price at which we were able to acquire TTD during the early days of the pandemic when market fears briefly drove it down to just 10x revenues. Today, the valuation has expanded significantly to approximately 25x revenues, amplifying our returns…” (Click here to read the full text)

4. EPAM Systems, Inc. (NYSE:EPAM)

Relative Strength Index: 25.99

EPAM Systems, Inc. (NYSE:EPAM) is a global provider of digital engineering, software development, and consulting services. The business provides comprehensive solutions that cover platform engineering, cloud services, digital transformation strategy, product design, and custom software development. Clients of the company come from a wide range of sectors, including technology, media, retail, healthcare, and financial services. Using a distributed global delivery approach, it combines engineering talent, agile methodology, and deep domain experience.

The Q4 2024 results of EPAM Systems, Inc. (NYSE:EPAM) were better than anticipated. The company’s reported revenues of $1.25 billion represented a 7.9% YoY growth. With an organic constant currency increase of 1%, the company had its first organic revenue growth since Q1 2023. With 75% of the top 100 clients now involved in GenAI efforts, the performance was characterized by gains in client sentiments across all sectors and countries, especially regarding AI-related skills. Five verticals showed sequential growth, particularly in the areas of financial services, software and hi-tech, life science and healthcare, and emerging verticals. Four of the six verticals grew on a year-over-year basis. Geographically, Europe demonstrated organic sequential sales growth, while the Americas and APAC led growth year over year.

With an anticipated 10% inorganic contribution, EPAM Systems, Inc. (NYSE:EPAM) anticipates sales growth of 10% to 14% by 2025. The business does, however, expect some margin pressure as a result of the required expenditures in personnel retention, critical skills, GenAI development, and recent acquisition integration. The business is cautiously enthusiastic about 2025, but it thinks it will be a transformative year that strikes a balance between cost sensitivity and growing demands for discretionary spending. Recent acquisitions of NEORIS and First Derivative have greatly expanded the company’s global delivery presence, adding around 6,000 employees across Latin America, Canada, Spain, the UK, and Ireland.

3. Accenture plc (NYSE:ACN)

Relative Strength Index: 24.73

Accenture plc (NYSE:ACN) is a global professional services firm that provides consulting, technology, and outsourcing solutions to businesses across different industries, and it stands third on our list of the 12 most oversold large cap stocks to invest in now. They help companies boost performance and efficiency through strategic advice, technology solutions, and managed operations. The company operates in five key areas—Communications, Media & Technology; Financial Services; Health & Public Service; Products; and Resources—and generates revenue mainly from consulting services, charging fees based on time and materials or fixed-price contracts, depending on the project’s scope.

Accenture plc (NYSE:ACN)’s Q2 2025 earnings report highlighted strong performance and strategic positioning for future growth. The company saw an 8.5% revenue growth, reaching $16.7 billion, exceeding expectations. This growth reflects the corporation’s ability to capture market share and deliver value to clients. A key driver of this success was securing $20.9 billion in new bookings, including $100 million+ from 32 clients, showcasing the demand for large-scale transformation projects.

Accenture plc (NYSE:ACN) is also capitalizing on the rise of generative AI (GenAI), with $1.4 billion in new GenAI bookings and about $600 million in revenue from related projects. While diluted earnings per share (EPS) grew by 2% to $2.82, the company invested heavily in acquisitions, spending over $250 million in Q2 alone across six acquisitions. The business continues to prioritize workforce development, providing 15 million training hours and expanding its data and AI workforce to 72,000, with a goal of 80,000 by FY 2026.

Geographically, the Americas led revenue growth with an 11% increase, followed by EMEA with 8%, while Asia-Pacific showed a more modest growth of 1%. The company’s revenue growth is mainly driven by consulting and managed services, particularly in technology-managed services. Despite a slight dip in operating margin to 13.5%, Accenture plc (NYSE:ACN) remains focused on investing in people and business expansion. Additionally, the company is collaborating with Telstra to launch a joint venture aimed at accelerating its data and AI initiatives, further enhancing its AI-driven reinvention strategy.

2. InterContinental Hotels Group PLC (NYSE:IHG)

Relative Strength Index: 24.16

InterContinental Hotels Group PLC  (NYSE:IHG) is a British multinational hospitality company that operates, franchises, and manages hotels globally. Rather than owning hotels, the company generates revenue through franchising its well-known brands like InterContinental, Holiday Inn, and Crowne Plaza and by managing properties for third-party owners. The company earns fees for the use of its brands, reservation systems, and marketing programs and also benefits from its loyalty program, IHG One Rewards, which had 132 million members as of 2023.

InterContinental Hotels Group PLC  (NYSE:IHG)’s Q4 2024 earnings call highlighted strong growth, though the company slightly missed EPS expectations. It reported earnings of $2.27 per share, just under the expected $2.29. Despite this, the business remains optimistic, showcasing solid RevPAR growth, expanding its system, and increasing profitability.

The corporation’s revenue for the quarter reached $2.3 billion, with EBIT growing 10% to $1.124 billion. The fee business saw a 6% increase in revenue and a 9% rise in operating profit, while the fee margin grew by 190 basis points to 61.2%. Global RevPAR increased by 4.6% in Q4, and for the full year, RevPAR rose 3%, driven by both higher rates and occupancy. The Americas and EMEAA regions performed well, but Greater China saw a slight decline, expected to rebound.

InterContinental Hotels Group PLC  (NYSE:IHG) also expanded its footprint, adding 59,000 rooms and reaching nearly 1 million rooms across 6,600 hotels. This represents a 6.2% gross system growth and a 4.3% net system growth, marking the third consecutive year of acceleration. The company is also focusing on capital allocation, launching a $900 million share buyback program, acquiring the Ruby Urban Lifestyle brand for $116 million, and increasing its dividend by 10%.

Their cash flow remained strong with a 94% cash conversion rate, and the company expects to return to typical levels of 100% moving forward. A key driver of this growth was the recovery in travel demand, especially in groups and leisure. The Ruby Urban Lifestyle acquisition is expected to strengthen InterContinental Hotels Group PLC  (NYSE:IHG)’s premium segment and cater to the growing demand for experiential travel, further boosting future revenue and profitability.

1. Target Corporation (NYSE:TGT)

Relative Strength Index: 22.41

Target Corporation (NYSE:TGT) tops the list for being one of the most oversold stocks. It is a major US general merchandise retailer offering a broad assortment of products, including apparel, home goods, electronics, food and beverages, and household essentials. The business uses an omnichannel model to serve clients, offering curbside pickup, same-day delivery, and in-store shopping in addition to operating large-format stores and an online store. With an emphasis on style, value, and customer experience, the business offers a blend of national brands and premium private labels.

With an emphasis on maintaining or increasing market share in the majority of its categories, Target Corporation (NYSE:TGT) announced goals to generate over $15 billion in revenue growth over the next five years. The business performed well in several areas, including Beauty, which saw sales and share increases of about 7%; Apparel, which saw share increases across three quarters; and Home, Books, and Toys, which saw gains over the holiday season. While Target Plus Marketplace has achieved $1 billion in sales and is expected to reach $5 billion in GMV over the next five years, the company’s digital business has expanded to $20 billion, indicating nearly 9% growth in Q4. Over the year, 13 million new members joined the company’s loyalty program, Target Circle, which has quadrupled its membership since its inception.

Target Corporation (NYSE:TGT) has made great strides in decreasing inventory shrinkage in terms of operational efficiency. The company has recovered roughly one-third of the 120 basis points of pressure that had previously been present, as the improvement in shrinkage provided a tailwind of about 40 basis points to the operating margin rate for the entire year. Management is making cautious plans for 2025, estimating an adjusted EPS of $8.80 to $9.80 and predicting comparable sales to be stable, with a slight increase in the operating margin rate. In addition to constructing more than 20 new stores and renovating numerous others along the network, the firm aims to invest $4 billion to $5 billion in stores, supply chains, and technology this year.

Overall, Target Corporation (NYSE:TGT) ranks first among the 12 most oversold large cap stocks to invest in now. While we acknowledge the potential of large cap stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than TGT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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