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||Transdigm Group Inc||$224.79||4.72%||0.42%|
|NYSE||General Electric Company||$29.39||4.26%||-5.47%|
|NYSE||Hormel Foods Corp||$34.48||3.92%||-20.97%|
|NYSE||Occidental Petroleum Corp||$63.36||3.85%||-10.34%|
|NASDAQ||Gilead Sciences Inc||$67.74||3.61%||-26.90%|
|NYSE||Nielsen Holdings Plc||$41.65||3.40%||-19.92%|
|NYSE||L Brands Inc||$49.18||2.61%||-43.32%|
|NYSE||Teva Pharmaceutical Industries Ltd||$32.53||1.97%||-40.00%|
|NYSE||Exxon Mobil Corp||$81.83||1.89%||-2.14%|
|NYSE||Simon Property Group||$168.96||1.39%||-16.77%|
|NASDAQ||Dollar Tree Inc||$73.44||1.23%||-8.72%|
|NYSE||Palo Alto Networks Inc||$111.10||0.30%||-28.28%|
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