Lamar Advertising Co

Lamar's RSI of 71.9 signals aggressive overbought territory, yet the stock trades at a 24.2x P/E that doesn't scream valuation excess for a REIT with steady cash generation. The 10.4% short interest provides modest squeeze potential, though the real tension lies between technicals and fundamentals—momentum is exhausted but the business hasn't fundamentally deteriorated. Trading below its 52-week high despite overbought conditions suggests the market may be digesting earnings or macro headwinds rather than panicking, making this a crowded long vulnerable to any negative catalyst.