5 Oversold Energy Stocks You Can Buy

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In this article, we discuss the 5 oversold energy stocks you can buy. To read the detailed analysis of the energy industry, go directly to the 10 Oversold Energy Stocks You Can Buy.

5. IDACORP, Inc. (NYSE:IDA)

14-day RSI as of July 19: 38.58

IDACORP, Inc. (NYSE:IDA) is an Idaho-based energy company providing electric energy in the US. Most of the company’s electricity is generated through hydropower while the rest of it is comprised of coal, natural gas, and renewable sources. IDACORP, Inc. (NYSE:IDA) plans to achieve its 100% clean energy goal by 2045.

IDACORP, Inc. (NYSE:IDA) was a part of 14 investment portfolios in the first quarter of 2023. AQR Capital Management held 129,045 shares of the company worth $13.934 million, making it the most significant hedge fund holder of the company in Q1.

IDACORP, Inc. (NYSE:IDA) is the 5th most oversold stock on our list with a Relative Strength Index of 38.58.

Follow Idacorp Inc (NYSE:IDA)

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