The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.



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 oversold when the RSI is below 30, according to Benzinga Pro.



Here's the latest list of major oversold players in this sector, having an RSI near or below 30.



<h3>E W Scripps Co (NASDAQ:SSP)</h3>



<ul>
<li>On May 7, E W Scripps posted upbeat results for the first quarter. Scripps President and CEO Adam Symson said, “We’re moving through the second quarter with real momentum, fueled by progress toward our transformation goals, the ongoing successes with our Scripps Sports strategy and meaningful reductions in our leverage ratio. We are on track in the execution of our ambitious plans to improve company EBITDA by at least 30% over the next two years.” The company's stock fell around 35% over the past month and has a 52-week low of $2.02.</li>



<li>RSI Value: 29.9</li>



<li>SSP Price Action: Shares of E W Scripps fell 4.3% to close at $3.38 on Friday.</li>



<li>Edge Stock Ratings: 74.95 Momentum score with Value at 36.32.</li>
</ul>



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<h3>Comcast Corp (NASDAQ:CMCSA)         </h3>



<ul>
<li>On May 13, Comcast declared a quarterly cash dividend of 33 cents a share. The company's stock fell around 17% over the past month and has a 52-week low of $24.12.</li>



<li>RSI Value: 29.1</li>



<li>CMCSA Price Action: Shares of Comcast fell 1.6% to close at $24.76 on Friday.</li>



<li>Benzinga Pro’s charting tool helped identify the trend in CMCSA stock.</li>
</ul>



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<h3>Omnicom Group Inc (NYSE:OMC)</h3>



<ul>
<li>On May 14, Weber Shandwick, an Omnicom Public Relations (OPR) agency, announced that Susan Howe, who has served as CEO, will retire from the agency on Sept. 1, 2026. The company's stock fell around 8% over the past five days and has a 52-week low of $66.33</li>



<li>RSI Value: 28.2</li>



<li>OMC Price Action: Shares of Omnicom fell 1.1% to close at $70.83 on Friday.</li>



<li>Benzinga Pro’s signals feature notified of a potential breakout in OMC shares. </li>
</ul>



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Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and see how they compare.



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CMCSA

The communication services sector shows oversold stocks with RSI below 30, indicating potential buying opportunities. E W Scripps Co, Comcast Corp, and Omnicom Group Inc are highlighted as major players with significant price drops. E W Scripps has an RSI of 29.9, Comcast at 29.1, and Omnicom at 28.2, suggesting short-term performance potential as they recover from recent declines.

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