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Top 2 Tech And Telecom Stocks That May Implode In Q1

Short Ideas

Avi Kapoor

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February 28, 2025

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Benzinga

As of Feb. 28, 2025, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro.

Here's the latest list of major overbought players in this sector.

Zoominfo Technologies Inc (NASDAQ:ZI)

  • On Feb. 25, ZoomInfo Technologies reported better-than-expected fourth-quarter financial results and issued first-quarter revenue guidance above estimates.. The company's stock gained around 21% over the past five days and has a 52-week high of $17.14.
  • RSI Value: 70.1                                
  • ZI Price Action: Shares of Zoominfo gained 2.4% to close at $12.01 on Thursday.

AT&T Inc (NYSE:T)

  • On Feb. 4, AT&T said it is extending its multi-year partnership with Nokia Corporation (NYSE:NOK) to enhance its voice core network. The company's stock gained around 11% over the past month and has a 52-week high of $27.16.
  • RSI Value: 80.3
  • T Price Action: Shares of AT&T gained 1.2% to close at $26.90 on Thursday.

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