Nearly 50% of the S&P 500's (SP500) constituents are currently in oversold territory or on the brink of it, according to the relative strength index (RSI) technical indicator.

Specifically, 88 stocks within the index have RSI readings of 30 or lower, signaling they are in oversold conditions. Additionally, another 133 stocks are trading just above the oversold threshold, with RSI values between 30.01 and 35. 

Collectively, these 221 stocks may present potential opportunities for dip buyers looking to capitalize on market pullbacks. This cluster of oversold and near-oversold stocks warrants attention for investors seeking potential attractive entry points in the current market environment. 

Of the 88 oversold stocks, see below the 10 largest names according to market-cap size. 

No. 10: Honeywell International (NASDAQ:HON), $122.30B market cap.

No. 9: Pfizer (NYSE:PFE), $129.14B market cap.

No. 8: Danaher Corp (NYSE:DHR), $131.65B market cap.

No. 7: Caterpillar (NYSE:CAT), $135.96B market cap. 

No. 6: Qualcomm (NASDAQ:QCOM), $147.35B market cap. 

No. 5: Adobe (NASDAQ:ADBE), $147.82B market cap.

No. 4: Walt Disney (NYSE:DIS), $156.17B market cap. 

No. 3: Thermo Fisher Scientific (NYSE:TMO), $167.43B market cap. 

No. 2: Cisco Systems (NASDAQ:CSCO), $219.96B market cap. 

No. 1: Apple (NASDAQ:AAPL), $2.82T market cap. 

Year-to-date price action: HON -15.6%, PFE -14.5%, DHR -19.2%, CAT -20.9%, QCOM -12.1%, ADBE -21.2%, DIS -22.1%, TMO -14.8%, CSCO -6.1%, and AAPL -24.4%.

S&P 500 Funds: (MUTF:FXAIX), (MUTF:VFIAX), (MUTF:VFFSX), (MUTF:SWPPX), (NYSEARCA:SPY), (NYSEARCA:VOO), (NYSEARCA:IVV), (NYSEARCA:RSP), (NYSEARCA:SSO), (NYSEARCA:SH), (NYSEARCA:SDS) and (NYSEARCA:SPXU).