Several big-name stocks have been caught up in this week’s market sell-off, and some are at levels that investors can take advantage of for future trading profits. The three major U.S. stock averages fell this week, largely due to concerns that rapid advances in artificial intelligence could hurt corporate profits. Shares of several software giants were the first to fall for this reason, followed by stocks of gaming, insurance, real estate, media, and trucking and logistics companies. Netflix and Fox were caught in the carnage this week, falling 6.5% and 11.6%, respectively, on concerns that AI-generated content could threaten streaming and linear platforms. CNBC Pro found that the stock is currently considered to be technically oversold, and the stock could recover in the near term. A stock is considered oversold if the 14-day relative strength index is below 30. On the other hand, stocks with a 14-day RSI above 70 are considered overbought and indicate a potential selling opportunity. Take a look at the most oversold stocks on Wall Street. Fox’s Class A stock is considered oversold, with a 14-day RSI of nearly 18.6. Netflix, which also made the list, has an RSI of about 24. Although both companies were sold this week, Wells Fargo analyst Stephen Cahall said in a note to clients Thursday that the decline in media stocks may have been overdone. He wrote that Fox “mostly broadcasts live sports and news, so its interpretation of the AI threat appears to be misguided.” Technically speaking, the most oversold name on the street was DoorDash. With an RSI of 16.45, the delivery service’s stock price has fallen more than 12% since the beginning of the week. DoorDash’s financial results are expected to be released on Wednesday. Bank of America on Thursday reiterated its buy rating ahead of earnings, saying its outlook for the first quarter “could result in a liquidation event if the top line remains strong and the full-year margin outlook remains relatively unchanged.” Additionally, the company said in a note to customers that it believes DoorDash’s AI risks are limited given its strong restaurant, delivery and subscriber networks. Stocks that were oversold this week include Intuit, Booking Holdings, and Amazon. Amazon, a member of the Magnificent Seven, fell 5.5% this week, taking its year-to-date loss to about 14% amid a tough start for technology stocks in 2026. Take a look at the most overbought stocks on the Street. Real estate companies Equinix and Texas Pacific Land are considered overbought with RSI levels around 85 and 82, respectively. Equinix stock rose 12.7% this week after the data center REIT on Wednesday gave a strong outlook for the first quarter and announced its 11th consecutive year of dividend increases. The company’s sales grew significantly due to demand for data centers. Verizon, Marriott International, and Motorola Solutions were also on the overbought list.
