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|
|VLO||Valero Energy Corp||$52.47||4.88%||-13.03%|
|LBTYK||Liberty Global Ord C||$31.25||4.34%||-40.84%|
|LBTYA||Liberty Global Ord A||$31.85||4.08%||-43.89%|
|AAL||American Airlines Gp||$30.02||4.06%||-27.77%|
|TEVA||Teva Pharmaceutical Industries Ltd||$50.98||2.97%||-15.03%|
|CMG||Chipotle Mexican Grill||$391.96||1.87%||-36.30%|
|ALXN||Alexion Pharm Inc||$124.14||1.21%||-32.68%|
|GILD||Gilead Sciences Inc||$81.79||0.63%||-31.73%|
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