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.
|Ticker||Name||Price||%-From 1-Year Low||1-Year Return|
|NVO||Novo Nordisk A/S||$46.23||4.97%||-17.17%|
|TEVA||Teva Pharmaceutical Industries Ltd||$50.36||4.89%||-20.52%|
|TV||Grupo Televisa S.A.||$24.38||4.86%||-15.87%|
|TROW||T Rowe Price Group||$66.63||4.81%||-4.23%|
|WFC||Wells Fargo & Company||$46.56||4.63%||-8.78%|
|CHKP||Check Point Software||$74.81||4.42%||-6.37%|
|CMG||Chipotle Mexican Grill||$400.42||4.07%||-45.11%|
|BF.B||Brown Forman Inc B||$46.56||3.44%||-5.70%|
|CTSH||Cognizant Tech Sol||$52.96||3.40%||-14.35%|
|AMX||America Movil S.A.B. De C.V||$11.13||1.00%||-37.40%|
|BMY||Bristol-Myers Squibb Company||$55.56||0.98%||-13.65%|
|DB||Deutsche Bank Ag||$12.42||0.16%||-56.34%|
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