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|
|TIF||Tiffany & Co.||$86.74||4.96%||-1.36%|
|DFS||Discover Financial Services||$56.56||4.70%||-4.27%|
|JNJ||Johnson & Johnson||$98.96||4.06%||1.04%|
|POT||Potash Corp. of Saskatchewan Inc||$32.58||3.79%||-7.76%|
|HSBC||HSBC Holdings Plc||$42.76||3.79%||-16.57%|
|WYNN||Wynn Resorts Limited||$125.95||3.64%||-44.56%|
|BABA||Alibaba Group Holding Ltd.||$82.85||3.52%||-11.76%|
|OXY||Occidental Petroleum Corp||$73.87||3.03%||-22.16%|
|BAX||Baxter International Inc||$67.67||2.62%||-8.14%|
|XOM||Exxon Mobil Corp||$84.76||2.52%||-13.27%|
|UPS||United Parcel Service||$96.08||2.16%||-1.29%|
|EMR||Emerson Electric Company||$55.99||1.89%||-16.83%|
|AXP||American Express Company||$78.23||1.44%||-14.19%|
|EMN||Eastman Chemical Company||$68.09||1.43%||-20.94%|
|RIO||Rio Tinto Plc||$41.21||1.25%||-26.62%|
|HST||Host Marriott Financial Trust||$20.12||1.00%||-2.14%|
|KORS||Michael Kors Holdings Limited||$63.93||0.98%||-32.88%|
|PM||Philip Morris International Inc||$75.66||0.52%||-7.97%|
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