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||Verisk Analytics Inc||$79.26||4.84%||0.63%|
|NYSE||Occidental Petroleum Corp||$59.88||4.69%||-18.25%|
|NYSE||Realty Income Corp||$54.96||4.25%||-10.95%|
|NYSE||Hormel Foods Corp||$34.58||4.22%||-12.02%|
|NYSE||Molson Coors Brewing Company||$92.80||3.95%||-5.62%|
|NASDAQ||Gilead Sciences Inc||$67.61||3.41%||-19.51%|
|NYSE||Teva Pharmaceutical Industries Ltd||$31.15||3.08%||-39.48%|
|NYSE||General Electric Company||$28.93||2.63%||-2.13%|
|NYSE||Exxon Mobil Corp||$82.31||2.50%||-5.30%|
|NYSE||Ford Motor Company||$11.16||2.39%||-12.82%|
|NYSE||Verizon Communications Inc||$46.42||1.44%||-5.90%|
|NYSE||Simon Property Group||$162.46||1.25%||-21.41%|
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