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|
|DPS||Dr Pepper Snapple Group Inc||$87.66||4.58%||4.20%|
|NVO||Novo Nordisk A/S||$40.56||3.92%||-27.06%|
|TEVA||Teva Pharmaceutical Industries Ltd||$43.26||3.82%||-28.94%|
|WFC||Wells Fargo & Company||$44.95||3.21%||-15.00%|
|TROW||T Rowe Price Group||$65.21||2.58%||-7.90%|
|VOD||Vodafone Grp Plc Ads||$28.15||2.18%||-12.69%|
|BMY||Bristol-Myers Squibb Company||$50.05||1.93%||-22.39%|
|DVA||Davita Healthcare Partners Inc||$62.51||1.87%||-18.29%|
|GILD||Gilead Sciences Inc||$73.41||1.66%||-28.61%|
If you want to receive this High-Yield list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.