Are you looking for stocks that are showing signs of bottoming out? Here is a look at some of the most beaten down securities in today’s market that may be ready for a rebound.
Investors can use this list to find potential candidates to buy before they begin to reverse their downtrend.
The bottoming out candidates included in this list meet a number of criteria. First, each of the securities is trading within 5% of its 1-year low, deeming them to be “bottom pick” candidates that could start to reverse higher. Second, we apply a liquidity screen to eliminate the more thinly-traded securities out there. More specifically, the list excludes equities with a market cap below $10 billion and those with a five-day average trading volume below the 1 million shares mark; also excluded from this list are stocks trading below $10 a share.
As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
Stocks Trading Near 52 Week Lows
|Ticker||Name||Price||% From 1-Year Low||1-Year Return|
|IBM||International Business Machines Corp||$163.23||0.96%||-5.57%|
|ABX||Barrick Gold Corp||$13.62||1.64%||-28.13%|
|PHG||Koninklijke Philips Electronics||$27.42||1.90%||-22.04%|
|ERIC||Lm Ericsson Telephone Company||$11.61||2.56%||-12.05%|
|HSBC||HSBC Holdings Plc||$50.44||3.36%||-9.26%|
|HMC||Honda Motor Company||$31.55||3.68%||-22.04%|
|TSU||Tim Participacoes S.A.||$23.20||4.60%||-13.17%|
|MDLZ||Mondelez International Inc. Cl A||$33.23||4.63%||2.28%|
|CVE||Cenovus Energy Inc||$23.81||4.66%||-20.90%|
|GOOG||Google Inc Class C||$526.54||4.72%||-5.72%|
|UTX||United Technologies Corp||$101.98||4.81%||-5.24%|
|ARMH||Arm Holdings Plc||$39.57||4.82%||-23.58%|
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