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||Altice USA Inc. Class A||$27.25||4.37%||-15.84%|
|NYSE||Omnicom Group Inc||$74.70||4.29%||-10.54%|
|NASDAQ||Dish Network Corp||$54.32||4.28%||-3.27%|
|NYSE||Hormel Foods Corp||$31.78||4.20%||-16.09%|
|NYSE||Conagra Brands Inc||$33.41||3.89%||-9.86%|
|NASDAQ||Viacom Inc Cl B||$27.55||3.38%||-27.28%|
|NYSE||Campbell Soup Company||$46.19||2.66%||-14.16%|
|NASDAQ||Mondelez Intl Cmn A||$40.94||2.25%||-6.12%|
|NYSE||Energy Transfer Partners||$18.24||2.18%||-34.71%|
|NASDAQ||Walgreens Boots Alliance||$76.79||2.14%||-4.70%|
|NYSE||Molson Coors Brewing Company||$81.92||1.24%||-24.53%|
|NASDAQ||Kraft Heinz Co||$77.82||1.21%||-12.61%|
|NYSE||J.M. Smucker Company||$104.29||0.76%||-22.65%|
|NYSE||China Mobile [Hong Kong] Ltd||$50.72||0.75%||-18.78%|
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