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||1Y Return%|
|NYSE||J.M. Smucker Company||$127.77||4.69%||2.06%|
|NYSE||Dollar General Corp||$69.15||3.98%||-14.32%|
|NYSE||Hormel Foods Corp||$34.30||3.38%||-15.08%|
|NYSE||Exxon Mobil Corp||$82.84||3.15%||3.30%|
|NYSE||Nielsen Holdings Plc||$41.37||2.71%||-19.19%|
|NYSE||Ford Motor Company||$11.28||1.90%||-6.58%|
|NASDAQ||Gilead Sciences Inc||$66.02||0.98%||-28.88%|
|NYSE||Teva Pharmaceutical Industries Ltd||$32.14||0.75%||-40.28%|
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