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||$73.13||4.80%||-14.11%|
|NYSE||Verizon Communications Inc||$48.04||4.41%||-5.75%|
|NYSE||Nielsen Holdings Plc||$41.86||3.92%||-8.26%|
|NASDAQ||Dollar Tree Inc||$75.21||3.71%||-1.76%|
|NYSE||Simon Property Group||$179.06||3.44%||-2.67%|
|NYSE||Bt Group Plc||$19.41||1.41%||-44.11%|
|NYSE||L Brands Inc||$58.28||1.39%||-31.48%|
|NASDAQ||Vodafone Grp Plc Ads||$24.45||1.16%||-18.91%|
|NYSE||Teva Pharmaceutical Industries Ltd||$32.19||0.34%||-45.31%|
|NYSE||Kimco Realty Corp||$24.31||0.21%||-11.82%|
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.