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 (%)|
|VOD||NASDAQ||Vodafone Grp Plc Ads||$25.22||4.91%||-12.26%|
|PFG||NASDAQ||Principal Financial Group Inc||$54.77||4.70%||-15.56%|
|GD||NYSE||General Dynamics Corp||$192.80||4.67%||-4.74%|
|ING||NYSE||VOYA Group N.V.||$14.79||4.63%||-16.93%|
|NCLH||NYSE||Norwegian Cruise Ord||$47.60||3.12%||-11.59%|
|HSBC||NYSE||HSBC Holdings Plc||$47.45||2.64%||0.42%|
|MFC||NYSE||Manulife Financial Corp||$18.19||2.54%||-6.57%|
|UBS||NYSE||UBS Group Ag||$15.29||1.76%||-12.36%|
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