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|
|DB||Deutsche Bank Ag||$29.55||1.06%||-35.91%|
|OKS||Oneok Partners L.P.||$47.54||1.13%||-9.46%|
|IBM||International Business Machines Corp||$162.47||1.51%||-11.25%|
|BBVA||Banco Bilbao Viscaya Argentaria S.A.||$10.59||1.63%||-5.87%|
|DISCK||Discovery Communications Inc||$31.55||1.71%||-20.73%|
|KORS||Michael Kors Holdings Limited||$69.44||1.74%||-15.46%|
|RIO||Rio Tinto Plc||$47.68||1.84%||-8.10%|
|SNI||Scripps Networks Interactive Inc||$73.38||3.26%||-3.31%|
|BHP||Bhp Billiton Limited||$58.28||4.84%||-17.06%|
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