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||Genuine Parts Company||$90.85||4.90%||-3.66%|
|NYSE||Pioneer Natural Resources Co||$154.27||4.80%||2.01%|
|NYSE||Occidental Petroleum Corp||$59.63||4.25%||-16.47%|
|NYSE||Ford Motor Company||$11.08||3.84%||-7.07%|
|NYSE||Hormel Foods Corp||$34.15||3.80%||0.62%|
|NYSE||Concho Resources Inc.||$117.01||3.80%||-3.78%|
|NASDAQ||Ross Stores Inc.||$56.53||3.71%||4.38%|
|NYSE||Canadian Natural Resources||$28.54||3.71%||-2.32%|
|NYSE||Archer Daniels Midland Company||$41.00||3.54%||4.60%|
|NASDAQ||Walgreens Boots Alliance||$77.26||2.77%||-4.95%|
|NYSE||Exxon Mobil Corp||$81.11||2.33%||-5.38%|
|NYSE||Devon Energy Corp||$30.35||1.54%||-14.48%|
|NYSE||Molson Coors Brewing Company||$86.38||1.08%||-10.33%|
|NYSE||Verizon Communications Inc.||$44.84||0.85%||-12.88%|
|NYSE||Campbell Soup Company||$52.88||0.57%||-12.13%|
|NYSE||Noble Energy Inc.||$27.78||0.43%||-18.71%|
|NYSE||General Electric Company||$27.21||0.41%||-4.58%|
|NYSE||Hewlett Packard Enterprise Comp||$16.50||0.36%||-6.12%|
|NYSE||Anadarko Petroleum Corp||$43.80||0.25%||-13.58%|
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