Salesforce is the most oversold stock on Wall Street amid a losing week for the markets

This week's market sell-off breaks a winning streak for the S & P 500 — but it also presents opportunities for investors to gain exposure before a potential rebound. All three major averages are on pace for losses on the week, even as Friday's reading of the Federal Reserve's preferred inflation gauge was in line with expectations.

Goldman Sachs said the company is "an under-appreciated Gen-AI winner," with Morgan Stanley also underscoring the future benefits from AI. Shares are forecasted to surge more than 37% from here, according to analysts surveyed by LSEG. Biopharmaceutical company Bristol-Myers Squibb was the second-most oversold stock of the week. Shares have fallen more than 2% week to date, and they are off about 20% in 2024. Analysts have a consensus rating of hold on the stock.

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