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.
|Ticker||Name||Price||%-From 1-Year Low||1-Year Return|
|WFC||Wells Fargo & Company||$45.72||4.98%||-16.49%|
|TROW||T Rowe Price Group||$66.04||3.89%||-11.22%|
|FTV||Fortive Corporation Common Stoc||$47.92||3.52%||-1.40%|
|DPS||Dr Pepper Snapple Group Inc||$88.32||3.52%||-1.75%|
|NVO||Novo Nordisk A/S||$40.33||3.33%||-27.62%|
|GILD||Gilead Sciences Inc||$74.41||3.05%||-31.10%|
|VOD||Vodafone Grp Plc Ads||$27.91||1.31%||-16.39%|
|DVA||Davita Healthcare Partners Inc||$58.29||1.23%||-23.24%|
|BMY||Bristol-Myers Squibb Company||$49.55||1.06%||-23.96%|
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