Wall Street's most overbought stocks this week don't include any technology stocks, a reflection of investors continuing to flee the group in favor of more value-oriented parts of the market. This week, investors cashed in recent gains on high-flying, artificial intelligence growth stocks, rotating instead to overlooked other areas of the market, such as financials, industrials and health care stocks that are more cyclical and sensitive to the course of the economy. The tech-heavy Nasdaq Composite was hit the hardest by this rotation, ending last week 1.6% lower. The S & P 500 followed with a 0.6% decline, while the blue-chip Dow Jones Industrial Average added 1.1%. CNBC Pro used its stock screener tool to identify the most overbought stocks on Wall Street as measured by their 14-day relat
Wall Street's most overbought stocks this week has no technology names
CNBC Investing4 hrs ago
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