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|
|PM||Philip Morris International Inc||$82.38||4.92%||2.96%|
|BABA||Alibaba Group Holding Ltd.||$86.86||4.89%||-7.49%|
|HSBC||HSBC Holdings Plc||$46.62||4.25%||-14.58%|
|SNI||Scripps Networks Interactive Inc||$72.97||3.67%||-7.36%|
|BAX||Baxter International Inc||$68.51||3.27%||-1.13%|
|RHHBY||Roche Hldg Ltd Spons||$33.30||3.13%||-10.96%|
|AXP||American Express Company||$79.32||2.85%||-10.90%|
|NLY||Annaly Capital Management Inc||$10.62||2.51%||-3.28%|
|RL||Ralph Lauren Corp||$136.46||2.22%||-13.17%|
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