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.
Stocks Trading Near 52 Week Lows
|Ticker||Name||Price||% From 1-Year Low||1-Year Return|
|GOOG||Google Inc Class C||$508.90||4.38%||-8.87%|
|SE||Spectra Energy Corp||$33.59||3.58%||-5.01%|
|VIAB||Viacom Inc Cl B||$66.62||2.82%||-19.30%|
|EMN||Eastman Chemical Company||$70.01||2.35%||-12.09%|
|FITB||Fifth Third Bancorp||$18.06||2.32%||-17.23%|
|DISCA||Discovery Communications Inc||$29.35||2.09%||-28.63%|
|RY||Royal Bank of Canada||$62.27||2.08%||-6.42%|
|CS||Credit Suisse Group||$22.18||1.98%||-31.03%|
|HSBC||HSBC Holdings Plc||$45.54||1.83%||-18.28%|
|DISCK||Discovery Communications Inc||$28.36||1.83%||-25.02%|
|GE||General Electric Company||$23.82||1.75%||-9.40%|
|IBM||International Business Machines Corp||$151.91||0.94%||-19.38%|
|NLY||Annaly Capital Management Inc||$10.41||0.87%||0.48%|
|TD||Toronto Dominion Bank||$41.54||0.46%||-7.88%|
|MFC||Manulife Financial Corp||$16.37||0.12%||-17.99%|
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