
Nutrien, Alcoa, and Olin are the top three oversold stocks in the materials sector with RSI values near or below 30, indicating potential undervaluation. Nutrien recently priced $1 billion in senior notes, while Alcoa plans to announce Q2 results on July 16. Olin is merging with Huntsman to form a $12.5 billion combined company. These developments and recent price drops suggest buying opportunities for investors this month.