Buy the Dip: Pacasmayo's Oversold Status and Analyst Upgrades Suggest Potential Turnaround

Pacasmayo (CPAC) has declined 13.1% in four weeks, but its oversold RSI reading of 27.11 and a 14.5% increase in the consensus EPS estimate suggest a potential turnaround. The stock has a Zacks Rank #2 (Buy), indicating a strong agreement among analysts about the company's ability to report better earnings than predicted.