In this article, we will take a look at some of the most oversold stocks listed on NASDAQ with attractive upside potential.
On June 30, Reuters reported that the U.S. stock market currently faces a series of challenges to keep its rally intact during the latter half of 2026. Some of these challenges include AI-linked capital outlays, elevated benchmarks for corporate profitability, and interest rate movements under the new Fed Chairman.
Reuters highlighted that the benchmark S&P 500 index has increased by over 8% so far this year, marking a third consecutive year of bullish gains. It attributed the rally to a surge in spending on AI infrastructure, noting a forecast of roughly $730 billion for 2026 from 5 companies alone. These include tech giants like Alphabet, Microsoft, and Amazon.
According to LSEG IBES, corporate profitability is projected to remain robust in the foreseeable future, with S&P 500 profits expected to increase by more than 26% during 2026. Reuters also highlighted comments by David Bianco, Americas Chief Investment Officer at DWS, who said the key question is whether companies within the S&P 500, especially from the technology sector, meet such optimistic earnings expectations. Bianco stated:
“The main question is delivery of the earnings that are expected out of the S&P 500, but also the tech sector. That’s one of those things that there can’t be any excuses.”
With that background, let’s explore our 10 Oversold NASDAQ Stocks to Invest In Right Now.
Photo by Pascal Bernardon on Unsplash
Our Methodology
To identify relevant stocks for this article, we screened NASDAQ-listed companies with market capitalizations above $2 billion and Relative Strength Index (RSI) below 30. Also, we only shortlisted stocks with at least 20% upside potential, according to consensus, as of the July 9 close. Finally, we selected 10 stocks with the highest upside and ranked them in ascending order.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. Logitech International S.A. (NASDAQ:LOGI)
Logitech International S.A. (NASDAQ:LOGI) is one of the 10 oversold NASDAQ stocks to invest in right now.
On June 30, Logitech G announced its new engagement with Call of Duty: Modern Warfare 4, as the Official Partner for all PC Peripherals. The company’s ASTRO Series had also been announced as the Official Headset Partner for the game.
As the Official Provider for all PC Peripherals, Logitech G will be offering headsets, keyboards, mice, and all other equipment that can assist players in improving their performance levels during routine sessions and competitive events.
Logitech G’s Partnerships Director, Andrew Tagher, highlighted that this partnership has a distinct motto, which is “Play for Prestige”. The underlying purpose is to celebrate each Modern Warfare 4 player through the utilization of all proprietary technologies and equipment developed by the company.
On the same day, Logitech International S.A. (NASDAQ:LOGI) was downgraded from Neutral to Underperform by Bank of America Securities. The firm also reduced the price target from $108 to $86.
BofA noted that higher prices within consumer electronics, including tablets, PCs, gaming systems and smartphones, are expected to soften demand for the company’s products over the next 12 to 18 months. This will lead to the company’s revenue and profits falling short of consensus estimates.
Logitech International S.A. (NASDAQ:LOGI) delivers software-driven hardware solutions. The key products include console gaming headsets, steering wheels, streaming services, and microphones. The company also offers streaming services and pointing devices such as wireless mice and speakers, corded and cordless keyboards, and webcams.
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