30 Stocks Just Touched 52-Week Lows

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A technology giant’s sharp slide anchors a list of new market lows.

Oracle (ORCL), with a market value of about $357.1 billion, has declined 35.3% over the last month to hit its 52-week low. It is the largest of 30 stocks from the Russell 3000 at their weakest price of the last year. The list also shows a cluster in the Diversified Metals & Mining sector, with 5 names present.

This raises a key question: what happens when a company’s stock price hits a new low while its business is still expanding? The full list of names follows.

Photo by ArtsyBee on Pixabay

Thursday’s Full 52-Week-Low List

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Here are all 30 names, sorted by market capitalization, with returns over four windows:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
ORCL $357.1 Bil -6.2% -13.6% -35.3% -46.5%
MP $8.1 Bil -8.1% -12.1% -22.0% -21.9%
OKLO $7.1 Bil -8.7% -15.4% -31.3% -31.6%
JOBY $6.9 Bil -5.4% -8.1% -24.1% -47.4%
BDC $3.9 Bil -0.3% -6.3% -11.8% -16.0%
QS $3.6 Bil -8.2% -14.5% -18.3% -45.6%
ACHR $3.4 Bil -6.1% -7.4% -19.1% -60.1%
EMAT $3.1 Bil -3.9% -7.3% -26.3% n/a
ORLA $3.0 Bil -7.1% -11.0% -22.5% -26.1%
ARIS $2.8 Bil -5.6% -7.7% -21.3% -38.4%
SMR $2.4 Bil -8.6% -15.4% -28.2% -82.2%
KLRA $2.2 Bil -5.1% -12.8% -6.9% n/a
HAWK $1.7 Bil -10.5% -9.9% -27.8% -59.8%
TMC $1.6 Bil -8.5% -9.4% -29.6% -50.3%
BBAI $1.4 Bil -7.0% -12.0% -27.9% -58.9%
EOSE $1.3 Bil -9.4% -13.5% -37.9% -23.4%
IE $1.3 Bil -4.5% -8.7% -27.5% -18.9%
AVLN $1.1 Bil -6.3% -11.2% -10.7% n/a
ENVX $1.0 Bil -8.0% -13.0% -33.6% -67.9%
VMET $0.9 Bil -4.6% -9.9% -31.9% n/a
NNE $0.8 Bil -9.3% -16.0% -35.4% -53.8%
KARD $0.8 Bil -4.4% -14.0% n/a n/a
EVEX $0.8 Bil -6.3% -8.6% -23.9% -68.6%
KDK $0.8 Bil -3.6% -17.6% -29.8% n/a
METC $0.7 Bil -5.5% -3.0% -17.5% -44.8%
PSIX $0.7 Bil -5.1% -8.4% -19.5% -57.8%
HSLV $0.6 Bil -7.9% -15.5% -19.3% n/a
SCZM $0.6 Bil -5.8% -10.3% -20.8% n/a
SLI $0.5 Bil -5.7% -15.0% -39.5% -21.7%
IMSR $0.5 Bil -9.0% -23.0% -37.5% n/a

But is the business still growing?

For some names, the answer is yes. Oracle (ORCL) trades at 20.9 times trailing earnings while its revenue grew 17.4% over the last twelve months. The list’s second-largest company, MP Materials (MP), saw its revenue grow 17.7% over the same period.

An even more extreme case is Joby Aviation (JOBY), whose revenue grew 69873.9% over the last twelve months. These figures show a clear separation between recent stock performance and reported business growth.

So is a 52-week low a signal to buy or to sell?

It is a signal to do homework. A stock at its weakest price of the last year can represent a genuinely damaged company, or it can be a solid business that has been marked down. The price is a fact, but it is not a verdict. The disciplined approach is to investigate the fundamentals of the company itself before drawing any conclusions from the stock chart alone.

If any of these names tempt you, resist buying a price alone. Our Buy the Dip screen asks the follow-up question that matters: which marked-down stocks still have the growth and cash generation to recover.

A 52 Week Low Is A Stress Test For Concentrated Portfolios

Every stock on this list just showed its holders what a bad year feels like. How much damage any single position could do to your net worth is a question with a precise answer. The Trefis Wealth team computes it for investors professionally, with the same rules-based systematic discipline that runs our High Quality Portfolio. Request a free vulnerability audit of your biggest positions.