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||Exchange||Name||Price||% From 1-Year Low||1-Year Return|
|NASDAQ||Gilead Sciences Inc||$74.16||4.70%||-26.71%|
|NYSE||Kimco Realty Corp||$25.38||4.23%||-4.08%|
|NASDAQ||Vodafone Grp Plc Ads||$24.96||3.27%||-22.63%|
|NYSE||Nielsen Holdings Plc||$42.27||3.10%||-9.29%|
|NYSE||Estee Lauder Companies||$77.33||2.70%||-12.18%|
|NYSE||Coca Cola European Partners||$31.37||2.68%||-36.29%|
|NYSE||Hilton Worldwide Holdings Inc||$27.39||1.44%||-57.34%|
If you want to receive this list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.