Industrials Stocks to Watch: Honeywell, Limbach, Rentokil Lead Oversold Sector

The industrials sector presents an opportunity to buy into undervalued companies as several major stocks are considered oversold. An asset is typically considered oversold when its Relative Strength Index (RSI) is below 30, according to Benzinga Pro.

Honeywell International Inc (NASDAQ:HON) has an RSI of 27.7 and a 52-week low of $195.77. The company's stock fell around 6% over the past five days and has been affected by recent leadership appointments, but its Edge Stock Ratings show strong momentum with a score of 91.92.

Limbach Holdings Inc (NASDAQ:LMB) also has an RSI near 30 at 27.8. The company's stock fell around 41% over the past month and has a 52-week low of $42.60, but its recent price action shows potential for a breakout.

Another industrials stock considered oversold is Rentokil Initial PLC (NYSE:RTO), with an RSI of 28.8 and a 52-week low of $23.26. The company's stock fell around 22% over the past month, but its recent earnings report shows improvement.