5 Oversold Bank Stocks To Buy

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1. Waterstone Financial, Inc. (NASDAQ:WSBF)

Latest RSI Reading: 35.99

Waterstone Financial, Inc. (NASDAQ:WSBF) is a Wisconsin-based bank that provides services in the region. The stock has seen little coverage by analysts as of late, with the last downgrade sitting at Neutral. Despite this, most of Waterstone Financial, Inc. (NASDAQ:WSBF)’s stock is owned by institutional investors and the shares are down significantly from their 2021 peak of roughly $21.

Insider Monkey dug through 943 hedge funds for their first quarter of 2023 shareholdings and discovered that seven had held a stake in the bank. Waterstone Financial, Inc. (NASDAQ:WSBF)’s biggest investor is Jim Simons’ Renaissance Technologies with a stake worth $20 million.

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Disclosure: None. You can also take a look at 10 Boring Stocks That Make Money and 10 Best Stocks To Invest In For Financial Stability.

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