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||Hormel Foods Corp||$31.16||4.74%||-21.69%|
|NYSE||Barrick Gold Corp||$14.45||4.71%||-16.49%|
|NYSE||J.M. Smucker Company||$106.05||4.15%||-22.39%|
|NYSE||Altice USA Inc. Class A||$23.68||4.13%||-28.10%|
|NYSE||Teva Pharmaceutical Industries Ltd||$13.80||4.07%||-68.30%|
|NASDAQ||21st Centry Fox Class A||$26.15||4.04%||0.46%|
|NASDAQ||Walgreens Boots Alliance||$66.27||3.84%||-19.91%|
|NYSE||Molson Coors Brewing Company||$80.87||3.55%||-23.95%|
|NYSE||Simon Property Group||$155.33||3.45%||-15.18%|
|NYSE||Newell Rubbermaid Inc||$40.78||3.04%||-15.74%|
|NASDAQ||Kraft Heinz Co||$77.33||2.82%||-15.38%|
|NYSE||Enterprise Products Partners LP||$24.50||2.77%||-1.74%|
|NASDAQ||21st Centry Fox Class B||$25.45||2.70%||-2.43%|
|NYSE||Archer Daniels Midland Company||$40.87||2.30%||-1.74%|
|NYSE||Realty Income Corp||$53.67||1.80%||-8.56%|
|NYSE||Merck & Company||$55.09||1.25%||-6.83%|
|NYSE||General Electric Company||$20.16||0.55%||-29.86%|
|NYSE||Nielsen Holdings Plc||$37.07||0.30%||-16.35%|
|NYSE||Omnicom Group Inc||$67.19||0.03%||-15.41%|
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