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|
|EMR||Emerson Electric Company||$58.55||4.91%||-8.97%|
|RHHBY||Roche Hldg Ltd Spons||$33.85||4.83%||-11.31%|
|BAX||Baxter International Inc||$69.06||4.73%||-0.60%|
|XOM||Exxon Mobil Corp||$89.56||4.10%||-7.01%|
|RL||Ralph Lauren Corp||$138.09||3.44%||-13.30%|
|TSU||Tim Participacoes S.A.||$20.85||3.12%||-14.09%|
|NLY||Annaly Capital Management Inc||$10.61||2.41%||-2.39%|
|BABA||Alibaba Group Holding Ltd.||$84.35||1.86%||-10.16%|
|HSBC||HSBC Holdings Plc||$44.76||1.34%||-14.56%|
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