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Barchart
Barchart
Aditya Raghunath

3 Oversold Software Stocks You Should Buy on the Dip Now

The software sector just took a harder hit than at any point in its history, creating opportunities for investors willing to look past the panic. Jefferies recently noted that roughly 73% of software stocks now screen as oversold, the highest reading on record. Even the broader tech universe isn't far behind, with about 45% of names hitting oversold territory.

But here's the thing: three names stand out from the carnage with something most beaten-down stocks don't have. DocuSign (DOCU), Intuit (INTU), and Atlassian (TEAM) all show oversold conditions on their RSI indicators while maintaining perfect 100% Barchart opinion scores. 

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