11 Stocks Just Touched 52-Week Lows

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

A short list of market laggards raises a familiar question for investors looking for value.

Trade Desk (TTD), a company with a market value of about $6.6 billion, has declined 30.1% over the last month to land on today’s 52-week-low list. It is one of 11 stocks from the Russell 3000 at its weakest price of the past year, a period where the S&P 500 has returned +2.9%.

This raises the essential question for any low list: what separates a broken stock from a discounted business? The full list of names follows.

Photo by ArtsyBee on Pixabay

The Complete 52-Week-Low List

Relevant Articles
  1. 5 Green Days In A Row: Newmont Stock Is Up 21%
  2. Coherent Stock Climbs 71% On A 7-Day Winning Streak
  3. Where The Buying Ran Strongest: 21 S&P 500 Stocks At 52-Week Highs
  4. 59 Small Cap Stocks Just Made New 52-Week Highs
  5. S&P 500 Stocks At 52-Week Lows: Friday’s Full List
  6. Where The Buying Ran Strongest: 26 Mid Cap Stocks At 52-Week Highs

Here are all 11 names, sorted by market capitalization, with returns over four windows:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
TTD $6.6 Bil -21.9% -23.5% -30.1% -84.6%
POST $3.8 Bil -12.8% -13.9% -7.1% -23.2%
TDS $3.8 Bil -8.4% -1.8% -5.0% -12.3%
GPI $3.2 Bil -1.6% -7.1% -12.0% -36.7%
OI $1.1 Bil -1.0% -1.7% -24.4% -45.8%
ARDX $1.0 Bil -17.9% -19.2% -25.7% -23.1%
ESRT $0.8 Bil -0.8% -4.3% -10.2% -34.2%
PZZA $0.8 Bl -0.7% -18.2% -27.2% -36.7%
AHCO $0.8 Bil -5.9% -47.3% -44.0% -42.2%
CSV $0.6 Bil -3.1% -10.9% -5.5% -21.6%

A falling price does not always mean a shrinking business.

The largest name here, Trade Desk (TTD), saw its stock decline 30.1% over the last month even as its revenue grew 11.6% over the last twelve months. The pattern is even sharper in the case of Willis Lease Finance (WLFC), whose 72.9% one-month slide is the list’s steepest, while its revenue grew 17.3% over the same period.

A low price is a starting point, not a conclusion.

A stock at its yearly low is a flag for attention, nothing more. The price itself tells you only about sentiment, not about the underlying enterprise. A business can be permanently impaired, with its stock price reflecting a new reality.

Alternatively, a solid company can be marked down by the market. The disciplined work is to ignore the noise of the price decline and investigate the health of the business itself. The opportunity, if one exists, is in the company, not the chart.

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.

Catching Falling Prices Is A Skill. Not Needing To Is A Strategy

Buying stocks at 52-week lows works brilliantly on the survivors and painfully on the rest, and nobody rings a bell to tell you which is which. The honest answer for most investors is to stop needing that call.

The Trefis High Quality (HQ) Portfolio holds roughly 30 businesses selected for the traits that make recoveries likely in the first place: consistent cash generation, strong margins, resilient balance sheets. It has a track record of outpacing a benchmark that combines the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Watch the low list for information; let a disciplined basket do the buying.