The 52-Week-Low List: 27 Names On Friday

SPY: State Street SPDR S&P 500 ETF Trust logo
SPY
State Street SPDR S&P 500 ETF Trust

Today’s list of market laggards includes some surprisingly large and growing businesses.

On Friday, July 17, a total of 27 stocks in the Russell 3000 hit their 52-week lows. The list is topped by giants, including Netflix (NFLX) with a market value of about $291.2 billion and Intuitive Surgical (ISRG) at about $122.6 billion. The central question is what it means when companies of this scale, many still expanding, trade at their weakest point in a year.

The list below is also marked by industry clusters, with four names each from Aerospace & Defense and Diversified Metals & Mining. Here is the full data.

Photo by ArtsyBee on Pixabay

Every Name On The List

Relevant Articles
  1. How Much Upside Can ANET Stock’s Growth Deliver?
  2. CLX Paid Holders $3.8 billion While The Stock Went Nowhere
  3. How Time, Not a Trade, Could Re-Rate Chevron Stock
  4. Buying This ILF Dip Has A Price
  5. Are You Paying A Fair Price For What’s Inside VOO?
  6. Are You Paying For Skill Or Just The Market?

The table below lists every 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
NFLX $291.2 Bil -7.3% -6.0% -12.4% -44.9%
ISRG $122.6 Bil -14.1% -15.1% -17.2% -32.6%
ALNY $35.5 Bil -5.5% -10.5% -5.1% -17.1%
PNR $10.1 Bil -4.9% -18.0% -17.0% -39.8%
KTOS $8.1 Bil -2.0% -4.5% -18.3% -15.2%
MP $8.1 Bil -0.5% -13.3% -20.7% -22.7%
OKLO $7.0 Bil -1.4% -15.8% -28.4% -36.1%
JOBY $6.8 Bil -1.5% -6.3% -22.6% -55.7%
LOPE $3.8 Bil -1.9% -7.0% -2.7% -17.1%
QS $3.6 Bil -0.8% -10.9% -15.3% -48.4%
ACHR $3.4 Bil -1.1% -6.1% -18.4% -63.3%
EMAT $3.1 Bil -2.3% -11.4% -30.1% n/a
ORLA $3.0 Bil -0.8% -11.8% -25.6% -26.7%
CPRI $1.9 Bil -3.3% -9.2% -21.1% -11.8%
TMC $1.6 Bil -0.5% -11.2% -27.9% -51.3%
BBAI $1.3 Bil -2.7% -13.1% -28.3% -60.1%
IE $1.2 Bil -1.6% -11.0% -29.5% -28.7%
VMET $0.9 Bil -1.5% -9.0% -32.0% n/a
BUR $0.9 Bil -4.2% -6.4% -11.5% -71.7%
NNE $0.8 Bil -1.0% -15.0% -33.2% -56.7%
EVEX $0.8 Bil -2.2% -9.9% -21.6% -69.6%
METC $0.7 Bil -3.6% -5.4% -15.8% -45.5%
AVEX $0.7 Bil -8.3% -11.9% -27.0% n/a
PSIX $0.7 Bil -4.8% -12.4% -22.5% -63.2%
HTZ $0.6 Bil -3.7% -12.2% -63.9% -76.7%
SCZM $0.5 Bil -0.7% -8.8% -25.5% n/a
CCOI $0.5 Bil -6.3% -13.0% -31.7% -78.4%

Can a business be growing while its stock is falling?

Several names on this list show a sharp disconnect between business performance and recent stock price. Alnylam Pharmaceuticals (ALNY) saw its revenue grow 82.6% over the last twelve months. Intuitive Surgical (ISRG) trades at 41.1 times trailing earnings while its revenue grew 21.4% over the same period, even as its stock declined 17.2% over the last month.

Netflix (NFLX) itself, the largest company here, posted revenue growth of 16.7% over the last twelve months. Its stock has declined 12.4% over the last month.

So how should a disciplined investor use this list?

A 52-week-low is a data point, not a verdict. It can signal a business with genuine structural damage, or it can mark a solid enterprise that has simply been sold down with its sector or the broader market. The price is a starting point for research, not the conclusion.

The disciplined move is to investigate the business fundamentals behind the stock ticker. A low price on a deteriorating business is no bargain, while a temporary low on a durable one can be an opportunity. The work is in telling the two apart.

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.

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.