The 52-Week-Low List: 1 S&P 500 Name On Thursday

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A single large-cap name lands on the new-low list, raising questions about price versus performance.

Just 1 S&P 500 stock closed Thursday at a 52-week low. The market itself is climbing, with the S&P 500 returning +1.7% over the last month, making any new low an outlier.

The single name is VICI Properties (VICI), a company with a market value of about $27.7 billion. Its stock has declined 3.8% over the last month, raising a critical question: what does a new low mean for a business whose fundamentals appear to be growing? The full data on today’s name follows.

Photo by ArtsyBee on Pixabay

Thursday’s Full 52-Week-Low List

The table below lists the stock at its 52-week low, largest first, with one-day, one-week, one-month, and one-year returns:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
VICI $27.7 Bil -0.6% -1.3% -3.8% -16.4%

The list’s lone name shows growth despite its new low.

VICI Properties is at its weakest price of the year; at the same time, its business is expanding. The company’s revenue grew 4.1% over the last twelve months. At this new low, the stock trades at 8.9 times trailing earnings, and its free cash flow yield is 9.2%.

A low price is a signal to check the business, not a verdict on it.

A 52-week-low list is a starting point for research, nothing more. A stock’s presence can indicate genuine trouble in the underlying business, or it can signal an opportunity where the market has marked down a company’s price without a corresponding decay in its operations.

The disciplined move is to treat the price as a prompt to investigate the business itself. A low price on a deteriorating asset is no bargain, while a temporary discount on a solid one can be something else entirely. The numbers beyond the stock chart are what matter.

A 52-week-low list tells you where the pain is; it does not tell you which of these declines are worth buying. That second question is what our Buy the Dip screen answers, every day: beaten-down names where the fundamentals still hold up.

The Low List Is A Symptom. Own The Discipline Instead

Every stock on this list got here the same way: the market lost confidence faster than the business could defend itself. Some will earn that confidence back and some will not, and telling them apart name by name is unforgiving work.

That work is what the Trefis High Quality (HQ) Portfolio systematizes: about 30 quality businesses screened for the cash flow and balance-sheet strength that let a company fight through a bad year, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Read the list; own the discipline.