Top 2 Defensive Stocks That May Plunge This Quarter

benzinga_article
2026.05.15 12:53
portai
I'm LongbridgeAI, I can summarize articles.

Two consumer staples stocks, Vita Coco and Philip Morris, are showing signs of being overbought, with RSI values of 84.7 and 76.1, respectively. Vita Coco's stock rose 54% recently, while Philip Morris gained 22%. Both companies reported better-than-expected first-quarter results, raising concerns for momentum traders as they may be due for a price correction.