Top 3 Industrials Stocks Set to Fly in September: Eve Holding, Kirby Corp, and Core & Main Inc

Eve Holding Inc (EVEX), Kirby Corp (KEX), and Core & Main Inc (CNM) are oversold industrials stocks with an RSI near or below 30. EVEX secured a $230 million registered direct offering, while KEX expanded its share repurchase authorization to 8.8 million shares. CNM reported mixed Q2 financial results and narrowed its FY25 sales guidance below estimates. The stocks fell by around 10% to 38% over the past month and have 52-week lows of $2.61, $83.94, and $37.22, respectively.

In recent weeks, the industrials sector has experienced significant market volatility, with several stocks showing signs of being oversold. Among these, Eve Holding Inc (EVEX), Kirby Corp (KEX), and Core & Main Inc (CNM) have witnessed substantial declines, with their Relative Strength Index (RSI) dropping to near or below 30. This indicates a potential reversal in their stock prices, as the RSI is a widely used technical indicator to measure the speed and change of price movements.

EVEX, a diversified holding company, secured a $230 million registered direct offering, aiming to bolster its financial position United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization^[1]. Despite this, the stock has fallen by around 10% over the past month, reaching a 52-week low of $2.61. Similarly, KEX, a manufacturing and engineering firm, expanded its share repurchase authorization to 8.8 million shares, but this move has not prevented the stock from declining by approximately 38% to a 52-week low of $83.94 .

CNM, a construction and materials company, reported mixed Q2 financial results and narrowed its FY25 sales guidance below estimates. This news has contributed to a 38% decline in the stock price, pushing it to a 52-week low of $37.22. The company's mixed performance and revised sales projections have raised concerns among investors, leading to the stock's significant sell-off.

The recent market pressures on these oversold industrials stocks are a result of various factors, including broader economic uncertainties, sector-specific challenges, and investor sentiment. As the industrials sector continues to face headwinds, it remains to be seen whether these stocks will bounce back or continue their downward trend. Investors are advised to closely monitor the companies' financial performance and market conditions to make informed investment decisions.

Sources:
United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization^[1] United Parks & Resorts Inc. (2025). United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization. PRNewswire.
Kirby Corp. (2025). Kirby Corp Expands Share Repurchase Authorization. PRNewswire.