5 Oversold Small Cap Stocks To Buy

In this piece, we will take a look at the five oversold small cap stocks to buy. If you want to skip what’s happening in the market right now and background on small cap stocks, then head on over to 10 Oversold Small Cap Stocks To Buy.

5. TG Therapeutics, Inc. (NASDAQ:TGTX)

Latest 14 Day RSI Score: 18.15

TG Therapeutics, Inc. (NASDAQ:TGTX) is a biotechnology company that develops treatments for painful diseases such as sclerosis and lymphoma. Its second quarter results saw the firm top analyst EPS estimates and the shares are rated Buy on average with the latest rating coming from Needham in July.

Insider Monkey took a look at 943 hedge funds for their Q1 2023 shareholdings and found out that 23 had invested in TG Therapeutics, Inc. (NASDAQ:TGTX). Out of these, the firm’s largest shareholder is Abhishek Trehan’s Darwin Global Management with an investment of $157 million.

4. International Money Express, Inc. (NASDAQ:IMXI)

Latest 14 Day RSI Score: 17.32

International Money Express, Inc. (NASDAQ:IMXI) is a relatively lesser known money transfer company that operates primarily from America. With a market cap of $712 million, it is one of the larger firms on our list. The firm missed EPS estimates by a slight margin during its second quarter despite the fact that the estimates themselves were significantly higher.

By the end of March 2023, 22 of the 943 hedge funds part of Insider Monkey’s database had held a stake in the firm. International Money Express, Inc. (NASDAQ:IMXI)’s largest hedge fund investor is Travis Cocke’s Voss Capital with a stake worth $35 million.

3. TELUS International (Cda) Inc. (NYSE:TIXT)

Latest 14 Day RSI Score: 17.32

TELUS International (Cda) Inc. (NYSE:TIXT) provides enterprise technology solutions such as big data analytics and bots. The stock is rated Buy on average but the latest rating came from RBC Capital which set the stock to Outperform in February 2023.

After digging through 943 hedge funds for their first quarter of 2023 shareholdings, Insider Monkey discovered that five had invested in TELUS International (Cda) Inc. (NYSE:TIXT)

2. 2seventy bio, Inc. (NASDAQ:TSVT)

Latest 14 Day RSI Score: 14.63

2seventy bio, Inc. (NASDAQ:TSVT) is a biotechnology company that develops treatments for myeloma. Out of the six analysts covering its stock, four have rated the shares as a Strong Buy with the latest ratings coming from Morgan Stanley and Wedbush in late July that rated the shares as Equal Weight and Outperform, respectively.

Insider Monkey’s 943 hedge survey for this year’s March quarter revealed that 26 had held a stake in the firm. 2seventy bio, Inc. (NASDAQ:TSVT)’s largest hedge fund investor is Derrick Tang’s Kynam Capital with a stake of $38 million.

1. Harmonic Inc. (NASDAQ:HLIT)

Latest 14 Day RSI Score: 14.37

Harmonic Inc. (NASDAQ:HLIT) is a technology company that provides video processing and broadband hardware and software products and services. The firm missed analyst EPS estimates for its second quarter results, making the first miss in the last four quarters.

25 of the 943 hedge funds part of Insider Monkey’s database had bought Harmonic Inc. (NASDAQ:HLIT)’s shares during Q1 2023. Douglas T. Granat’s Trigran Investments is the biggest stakeholder with an investment worth $123 million.

Disclosure: None. You can also take a look at 11 High Growth Utility Stocks to Buy and 10 Best Rated Penny Stocks to Buy According to Analysts.

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