5 Oversold MidCap Stocks To Buy

2. Driven Brands Holdings Inc. (NASDAQ:DRVN)

Latest 14 Day RSI Score: 16.36

Driven Brands Holdings Inc. (NASDAQ:DRVN) is an automotive repair services and car parts provider headquartered in Charlotte, North Carolina. Its stock tumbled at August start after the second quarter earnings report as the firm significantly reduced operating income and EPS guidance for the full fiscal year 2023.

During this year’s first quarter, 18 of the 943 hedge funds part of Insider Monkey’s database had held the firm’s shares. Driven Brands Holdings Inc. (NASDAQ:DRVN)’s largest shareholder in our database is Israel Englander’s Millennium Management with an investment worth $80 million.

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