10 Oversold NYSE Stocks to Buy Now

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1. Alight Inc. (NYSE:ALIT)

YTD Decline: -39.45%

Analyst Upside: 102.86%

Number of Hedge Fund Holders: 41

Alight Inc. (NYSE:ALIT) is one of the top oversold NYSE stocks to buy now. Alight Inc. (NYSE:ALIT) reported its fiscal Q2 2025 results on August 5, with revenue for the quarter decreasing 1.9% to $528 million, compared to $538 million in the prior year period.

Management attributed the drop to lower net commercial activity and project revenue. Recurring revenues made up 93.2% of total revenue.

Alight Inc. (NYSE:ALIT) also reported $176 million in gross profit, which translates to 33.3% of revenue, compared to $167 million, or 31.0% of revenue, in the prior year period.

The company stated that this change in gross profit was primarily due to productivity savings. Adjusted EBITDA for fiscal Q2 2025 improved to $127 million from $105 million in fiscal Q2 2024.

Alight Inc. (NYSE:ALIT) reported several new wins or expanded relationships in the quarter, with companies including Thermo Fisher Scientific, Reinsurance Group of America, Highmark Health, and Incorporated (RGA) and Trinity Industries.

It repurchased $20 million of common stock under the existing share repurchase program, and declared and paid a $0.04 per share dividend.

Headquartered in Chicago, IL, Alight Inc. (NYSE:ALIT) provides cloud-based integrated digital human capital and business solutions.

While we acknowledge the potential of ALIT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ALIT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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