In this article, we will look at the 10 Oversold NYSE Stocks to Buy Now.
On August 6, Trivariate Research founder and CEO, Adam Parker, appeared on CNBC’s ‘Closing Bell’ to talk about the markets.
nasHe made the argument that dips should be bought, reasoning that most institutional investors believe we are likely to experience a growth scare, possibly a stagflation scare, from August through October.
People generally want to buy high-quality stocks if they go down 10%-15%, and he thinks that the market is not going to get a very big sell-off.
READ ALSO: 10 NYSE Stocks with the Highest Upside Potential and 10 Best Strong Buy Penny Stocks to Buy Now.
Looking at the trajectory of earnings, he believes they are higher, and he does not feel more negative about 26 or 27 earnings than he did a month ago. While markets certainly go up every day, Parker does not see a problem with valuation.
While there might be individual names with challenges, he is comfortable with the market level because he sees margins probably going up for the average company.
Parker added that he still has a “pretty solid dream” that he will get productivity for a lot of companies in the next 18 months.
With these trends in view, let’s look at the top oversold NYSE stocks to buy now.
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Our Methodology
We used stock screeners to compile a list of NYSE stocks that experienced significant YTD performance declines and selected the top 10 stocks with the highest analyst upside potential. We also added the number of hedge fund holders for each stock as of Q1 2025, sourcing the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of analyst upside potential.
Note: All data was recorded on August 6.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Oversold NYSE Stocks to Buy Now
10. SM Energy Company (NYSE:SM)
YTD Decline: -31.27%
Analyst Upside: 49.58%
Number of Hedge Fund Holders: 37
SM Energy Company (NYSE:SM) is one of the top oversold NYSE stocks to buy now. On August 1, analyst Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on SM Energy Company (NYSE:SM), raising the price target to $43.00 from $39.00.
The analyst based the rating on SM Energy Company’s (NYSE:SM) favorable financial metrics and solid operational performance, stating that the company reported a robust quarter with oil production surpassing expectations. This positively affected key financial figures, including Free Cash Flow, EBITDA, and Discretionary Cash Flow per Share (DCFPS).
SM Energy Company (NYSE:SM) reported its fiscal Q2 2025 results on July 31, with adjusted EBITDAX for the quarter reaching $569.6 million, up $83.6 million, or 17%, from $485.9 million in the same period in 2024. The company also reported $113.9 million in adjusted free cash flow.
Sorbara added that despite a rise in capital expenditures, the lower cash taxes and increased production levels are anticipated to support these metrics further, supporting the optimistic outlook.
SM Energy Company (NYSE:SM) is an independent energy company that engages in the exploration, development, acquisition, and production of gas, oil, and natural gas liquids.
9. CBIZ, Inc. (NYSE:CBZ)
YTD Decline: -23.40%
Analyst Upside: 51.56%
Number of Hedge Fund Holders: 21
CBIZ, Inc. (NYSE:CBZ) is one of the top oversold NYSE stocks to buy now. On July 24, William Blair analyst Andrew Nicholas reiterated a bullish stance on CBIZ, Inc. (NYSE:CBZ), giving the stock a Buy rating without assigning a price target.
The analyst supported his positive rating with the company’s strategic cost management and resilience, stating that CBIZ, Inc. (NYSE:CBZ) managed to maintain its full-year guidance while battling challenges such as tariff uncertainties, geopolitical tensions, and reduced government funding.
According to the analyst, CBIZ, Inc. (NYSE:CBZ) has the potential to offset revenue pressure through solid cost control measures, including a reduction in discretionary spending and incentive compensation. This has resulted in an improvement in the company’s adjusted EPS and adjusted EBITDA margin.
CBIZ, Inc. (NYSE:CBZ) functions as a professional services advisor to middle-market businesses and organizations nationwide. The company’s services span tax, accounting, benefits, advisory, technology, and insurance. Its operations are divided into the following segments: Financial Services, Benefits and Insurance Services, and National Practices.
