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 |
|---|---|---|---|---|
| RCL | Royal Caribbean Cruises Ltd | $67.35 | 4.89% | -25.04% |
| DHR | Danaher Corp | $80.93 | 4.64% | -11.61% |
| AMX | America Movil S.A.B. De C.V | $11.53 | 4.63% | -40.51% |
| INFY | Infosys Ltd | $16.39 | 4.26% | -3.08% |
| LYB | Lyondellbasell Industries Nv | $71.97 | 4.15% | -23.30% |
| FTV | Fortive Corporation Common Stoc | $47.50 | 2.61% | -2.26% |
| GILD | Gilead Sciences Inc | $79.57 | 2.12% | -32.49% |
| CI | Cigna Corp | $124.13 | 1.85% | -13.83% |
| DB | Deutsche Bank Ag | $12.58 | 0.64% | -64.08% |
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