3 Stocks to Buy on the Cheap - 8/10

Company: Take-Two Interactive (SYM: TTWO)

Look at Take-Two Interactive (SYM: TTWO), for example.

After testing a low of $135, it’s just starting to pivot higher. Last trading at $144.47, we’d like to see it initially retest $152.50 near term. Better, it’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. 

Helping, there’s still growing excitement for its upcoming release of Grand Theft Auto VI. Better, while its EPS loss of $1.52 missed by 15 cents, revenue of $1.34 billion, up 4.7% year over year, beat by $90 million.


“We achieved solid first quarter results by engaging our players with exciting new game releases and content updates, while also maintaining our focus on efficiency. Our management team remains confident in our path forward and we are reiterating our Net Bookings outlook for the year of $5.55 to $5.65 billion,” added Strauss Zelnick, Chairman and CEO.

Company: CrowdStrike (SYM: CRWD)

There’s also CrowdStrike (SYM: CRWD).

After a massive pullback, CrowdStrike has become excessively oversold on RSI, MACD and Williams’ %R. Plus, even as markets melted down yesterday, it was one of the standout winners, with a gain of $4.16. Helping, Piper Sandler just said investors should buy the dip, upgrading CRWD to an overweight rating.

“Despite the likelihood that headlines about the outage will remain negative in the near term with focus on potential Congressional testimony and lawsuits, the analysts said they believe the ramifications of the event will likely be more-so short-lived and at negligible cost,” added Investopedia.com.

Company: Nvidia (SYM: NVDA)

Even Nvidia (SYM: NVDA) has become far too oversold.

With growing demand for artificial intelligence, Nvidia is a no-brainer.

It’s also still severely oversold at $105.50, and over-extended on RSI, MACD and Williams’ %R. From its last traded price of $105.50, we’re looking for an initial retest of $120.