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||General Electric Company||$29.54||4.79%||-2.41%|
|NYSE||L Brands Inc||$50.14||4.61%||-42.07%|
|NYSE||Hormel Foods Corp||$34.70||4.58%||-20.87%|
|NASDAQ||Vodafone Grp Plc Ads||$25.20||4.26%||-20.15%|
|NASDAQ||Gilead Sciences Inc||$67.77||3.66%||-25.08%|
|NYSE||Occidental Petroleum Corp||$63.04||3.33%||-8.70%|
|NYSE||Palo Alto Networks Inc||$116.64||2.59%||-24.73%|
|NASDAQ||Dollar Tree Inc||$74.19||2.26%||-8.36%|
|NYSE||Cenovus Energy Inc||$11.88||1.89%||-9.17%|
|NYSE||Exxon Mobil Corp||$80.99||0.85%||-1.72%|
|NYSE||Brf-Brasil Foods S.A.||$12.07||0.67%||-16.12%|
|NYSE||Simon Property Group||$167.23||0.35%||-16.00%|
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