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||Merck & Company||$56.23||4.85%||-8.05%|
|NYSE||Time Warner Inc||$89.88||4.66%||-5.56%|
|NYSE||Pacific Gas & Electric Co||$52.05||4.46%||-13.68%|
|NASDAQ||Kraft Heinz Co||$78.52||4.40%||-8.35%|
|NYSE||Archer Daniels Midland Company||$40.13||3.99%||-12.70%|
|NYSE||American International Group||$59.78||3.34%||-10.46%|
|NYSE||First Republic Bank||$88.40||1.93%||-1.44%|
|NYSE||General Electric Company||$17.59||0.74%||-44.36%|
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