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.
Stocks Trading Near 52 Week Lows
|Ticker||Name||Price||% From 1-Year Low||1-Year Return|
|RIO||Rio Tinto Plc||$42.73||4.99%||-22.27%|
|EMR||Emerson Electric Company||$57.53||4.70%||-16.26%|
|XOM||Exxon Mobil Corp||$86.54||4.67%||-13.78%|
|HST||Host Marriott Financial Trust||$20.64||4.61%||-2.18%|
|WYNN||Wynn Resorts Limited||$126.95||4.46%||-41.25%|
|UPS||United Parcel Service||$97.32||3.47%||-1.70%|
|POT||Potash Corp. of Saskatchewan Inc||$32.34||3.01%||-9.17%|
|BABA||Alibaba Group Holding Ltd.||$82.03||2.50%||-12.63%|
|TIF||Tiffany & Co.||$84.60||2.37%||-4.02%|
|ETP||Energy Transfer Partners||$53.90||1.47%||-3.92%|
|AXP||American Express Company||$77.51||1.28%||-10.98%|
|KORS||Michael Kors Holdings Limited||$61.92||1.14%||-33.56%|
If you want to receive this Bottom Picks list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.