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Thanksgiving Week Oversold Stocks to Watch: CRDL, QBTS, PRSO, RGTI & More!

Thanksgiving Week Oversold Stocks to Watch: CRDL, QBTS, PRSO, RGTI & More!

As Thanksgiving approaches, investors are turning their attention to oversold stocks across some of the most innovative sectors in the market. This week’s focus spans industries like biotechnology, healthcare, wireless technology, quantum computing and artificial intelligence—each offering promising opportunities despite recent declines in stock prices. With advancements in these cutting-edge fields continuing to shape the future, these undervalued stocks could provide high-reward potential for those looking to capitalize on market inefficiencies. 

1. Cardiol Therapeutics (NASDAQ: CRDL) showcased CardiolRx™ at the American Heart Association Scientific Sessions 2024, highlighting its rapid pain relief and inflammation reduction in recurrent pericarditis, with potential to address unmet needs in myocarditis care causing sudden cardiac death in people at any age. See Entire News Article

2.  QMMM Ltd. (NASDAQ: QMMM): Emerging tech firm advancing quantum material applications, offering intriguing prospects for those seeking exposure to frontier technologies.

3. Peraso Inc. (NASDAQ: PRSO) received a $3.30 price target from Intro-Act, reflecting strong Q3 2024 results, reporting $3.84M Q3, cost reductions, global market traction, and a promising sales pipeline in the mmWave technology sector. Read Entire Report.

4. Rigetti Computing Inc. (NASDAQ: RGTI): Quantum computing pioneer with recent developments that could redefine industry benchmarks, attracting renewed investor attention.

5.  D-Wave Quantum Inc. (NYSE: QBTS): Industry leader in quantum annealing solutions, trading near lows despite advancing new quantum hybrid capabilities.

6. Palladyne AI Corp. (NASDAQ: PDYN): AI-driven company with a strong product pipeline that could disrupt multiple industries, currently undervalued amid market volatility.

7. Wearable Devices Ltd. (NASDAQ: WLDS): Developer of next-gen wearable tech with innovative neural control systems, presenting a speculative opportunity for growth-focused investors.

8. CS Diagnostics Corp. (OTCQB: CSDX) a renowned member of the CS Group, is a medical sector leader committed to advancing patient care through innovative solutions and is the sole owner of the property CS Protect- Hydrogel. CS Protect-Hydrogel, a hydrogel-based tissue spacer used in radiation therapy to increase the distance between cancer cells and healthy tissue and thus protect healthy tissue from damage caused by high doses of radiation to CS Diagnostics Corp.

9. Triller Group Inc. (NASDAQ: ILLR) has appointed Sean Kim, former Head of Product at TikTok and a leader at Amazon Prime, as CEO of Triller App and Triller Platform Co., aiming to drive the app’s transformation into a global social media and entertainment powerhouse.

10. Power Nickel (TSX.V: PNPN | OTCQB: PNPNF) attracts investors with high-grade polymetallic assets, leveraging strong demand for base and precious metals in stable markets.

These oversold stocks could present a golden opportunity for investors looking to capitalize on potential turnarounds and breakthrough technologies.

 

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