Top 3 Materials Stocks That Are Ticking Portfolio Bombs

benzinga_article
2026.06.18 12:49
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As of June 18, 2026, three materials sector stocks—Friedman (FRD), Suncrete (RMIX), and Silgan (SLGN)—are flagged as overbought with RSI values above 70, signaling potential momentum-driven risks. Friedman posted strong Q4 earnings; Suncrete completed an acquisition; Silgan raised FY2026 EPS guidance. Despite recent gains, high RSI levels suggest caution for investors relying on momentum indicators.