The article discusses two financial stocks, Primis Financial Corp (FRST) and Safety Insurance Group Inc (SAFT), that may rocket higher in Q3 due to being oversold. FRST has an RSI value of 17.8 and a 52-week low of $7.58, while SAFT has an RSI value of 29.7 and a 52-week low of $70.71. Both stocks have seen a recent decline in price but may bounce back due to their undervalued status.
In the third quarter of 2025, two financial stocks, Primis Financial Corp (FRST) and Safety Insurance Group Inc (SAFT), may experience significant price appreciation due to their oversold status. Both companies have shown recent declines in their stock prices but could bounce back, presenting an opportunity for investors.
Primis Financial Corp (FRST) has an RSI value of 17.8, indicating it is highly oversold. The company's stock has fallen around 1% year-to-date and has a 52-week low of $7.58. Despite this decline, FRST's stock gained 0.9% to close at $11.29 on Thursday, July 24 [1]. The Edge Stock Ratings assigned a momentum score of 0.36 to FRST, suggesting that the stock may be due for a rebound.
Safety Insurance Group Inc (SAFT) also presents an attractive opportunity. With an RSI value of 29.7, SAFT is considered oversold. The company's stock has fallen around 8% over the past month and has a 52-week low of $70.71. On Thursday, SAFT's stock fell 1.4% to close at $72.82 [1]. The company's recent earnings report highlighted positive trends, with a combined ratio improvement and strong earnings per share. This suggests that SAFT's recent decline may be a buying opportunity.
Both FRST and SAFT are undervalued and have shown signs of technical exhaustion, making them potential candidates for a price rebound in the third quarter. Investors should closely monitor these stocks for potential entry points.
References:
[1] https://www.benzinga.com/trading-ideas/long-ideas/25/07/46364365/top-2-financial-stocks-that-may-rocket-higher-in-q3
[2] https://www.nasdaq.com/articles/relative-strength-alert-safety-insurance-group
[3] https://www.marketbeat.com/stock-ideas/3-overbought-stocks-ripe-for-a-pullback/
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