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|
|NYSE||General Electric Company||$29.45||4.47%||-0.68%|
|NYSE||Nielsen Holdings Plc||$39.98||4.36%||-17.36%|
|NYSE||Ford Motor Company||$11.48||3.70%||-10.32%|
|NYSE||Palo Alto Networks Inc||$110.40||2.88%||-27.03%|
|NYSE||Simon Property Group||$168.04||2.75%||-14.16%|
|NASDAQ||Gilead Sciences Inc||$67.12||2.66%||-33.55%|
|NYSE||Occidental Petroleum Corp||$62.50||2.44%||-13.79%|
|NYSE||Teva Pharmaceutical Industries Ltd||$30.76||1.79%||-41.79%|
|NYSE||Exxon Mobil Corp||$81.73||1.78%||-3.84%|
|NYSE||Verizon Communications Inc||$46.70||1.50%||-3.16%|
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