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||Exchange||Name||Price||% From 1-Year Low||1-Year Return|
|NYSE||Verizon Communications Inc||$48.27||4.91%||-3.67%|
|NYSE||Simon Property Group||$180.94||4.52%||-1.41%|
|NYSE||Occidental Petroleum Corp||$67.16||4.33%||0.15%|
|NYSE||Exxon Mobil Corp||$82.82||3.95%||2.21%|
|NASDAQ||Gilead Sciences Inc||$67.55||3.32%||-24.47%|
|NASDAQ||Vodafone Grp Plc Ads||$24.88||2.94%||-16.79%|
|NYSE||Kimco Realty Corp||$24.68||1.73%||-6.12%|
|NYSE||L Brands Inc||$58.14||1.15%||-28.98%|
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