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||Tata Motors Ltd||$33.25||4.86%||-2.09%|
|NYSE||Noble Energy Inc.||$28.93||4.59%||-17.98%|
|NYSE||Nielsen Holdings Plc||$38.45||4.03%||-23.41%|
|NASDAQ||Walgreens Boots Alliance||$78.13||3.92%||-4.75%|
|NYSE||Hormel Foods Corp||$34.15||3.80%||-5.38%|
|NYSE||Exxon Mobil Corp||$82.10||3.58%||-8.52%|
|NYSE||Archer Daniels Midland Company||$41.46||2.62%||1.72%|
|NASDAQ||Viacom Inc Cl B||$34.12||2.46%||-15.13%|
|NYSE||General Electric Company||$27.45||2.46%||-9.92%|
|NYSE||Hewlett Packard Enterprise Comp||$16.67||1.83%||-7.33%|
|NASDAQ||Shire Plc Ads||$164.02||1.82%||-11.67%|
|NYSE||Verizon Communications Inc.||$45.00||1.44%||-16.83%|
|NYSE||Molson Coors Brewing Company||$86.41||1.11%||-12.53%|
|NYSE||Campbell Soup Company||$52.19||1.07%||-20.51%|
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