1 S&P 500 Stock Just Touched 52-Week Lows

SPYYTD+13.3%SPYYTD+13.3%QQQYTD+17.1%
Analyze SPY →

A single technology name lands on the new-lows list, presenting a sharp contrast between its price and its recent growth.

AppLovin (APP), a company with a market value of about $107.5 billion, has declined 28.0% in a single month while the S&P 500 returned +2.9%. As of Tuesday, August 11, it is the only S&P 500 stock trading at its 52-week low.

This raises a critical question for investors: what does it mean when a business with high growth hits a price trough? The full data on the day’s single name follows.

Photo by ArtsyBee on Pixabay

The Complete 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
APP $107.5 Bil -6.0% -24.1% -28.0% -30.1%

AppLovin’s new low accompanies strong underlying growth.

The list’s single name presents a study in contrasts. While the stock price is at its weakest point in a year, the company’s revenue grew 60.6% over the last twelve months. The business generates a free cash flow yield of 4.2% and trades at 24.3 times trailing earnings.

A new low is a signal to check the business, not the price chart.

A 52-week-low list is not an automatic buy signal. A stock at its yearly nadir can signal a permanently impaired business or simply a temporarily out-of-favor one. The disciplined approach is to use the price as a prompt to re-examine the underlying company fundamentals, separating a true bargain from a falling asset.

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 the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Read the list; own the discipline.