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 10% 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.
| Ticker | Name | Price | % From 1-Year Low | 1-Year Return |
|---|---|---|---|---|
| USB | U.S. Bancorp | $40.67 | 9.71% | -6.38% |
| AMX | America Movil S.A.B. De C.V | $12.40 | 9.64% | -39.98% |
| PSX | Phillips 66 Common Stock | $76.40 | 9.47% | -6.25% |
| TEVA | Teva Pharmaceutical Industries Ltd | $52.46 | 9.27% | -14.53% |
| AME | Amtek Inc | $46.70 | 9.06% | -15.25% |
| AAPL | Apple Inc | $97.42 | 8.89% | -20.98% |
| WFC | Wells Fargo & Company | $48.35 | 8.65% | -13.78% |
| HMC | Honda Motor Company | $26.07 | 8.49% | -17.71% |
| STT | State Street Corp | $54.71 | 8.12% | -27.98% |
| DISCA | Discovery Comm A | $25.54 | 7.95% | -23.49% |
| PNC | PNC Bank | $82.34 | 6.38% | -14.50% |
| CMG | Chipotle Mexican Grill | $408.34 | 6.13% | -36.14% |
| CI | Cigna Corp | $129.00 | 5.85% | -17.94% |
| VLO | Valero Energy Corp | $49.25 | 5.06% | -25.21% |
| DHR | Danaher Corp | $80.34 | 3.88% | -7.28% |
| HUM | Humana Inc | $154.71 | 2.25% | -17.38% |
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