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 |
|---|---|---|---|---|
| BIIB | Biogen Inc Cmn | $252.86 | 4.46% | -34.81% |
| CI | Cigna Corp | $128.86 | 4.31% | -7.63% |
| TGT | Target Corp | $68.24 | 4.18% | -13.84% |
| ABC | Amerisourcebergen Corp | $76.22 | 3.97% | -31.64% |
| EQR | Equity Residential | $64.16 | 3.65% | -10.25% |
| JD | Jd.Com Inc. Ads | $22.01 | 2.13% | -38.30% |
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