Where The Selling Ran Deepest: 12 Stocks At 52-Week Lows
A small list of new market lows includes several large, well-known companies still posting business growth.
The pain on Friday was most concentrated in the Building Products industry, which placed 2 names on the 52-week-low list. In total, 12 US and Canada-listed stocks with a market value above $500 million are at their weakest price of the past year. The list includes giants like L3Harris Technologies (LHX), with a market value of about $49.8 billion. With 5 of the 12 names also being S&P 500 members, the central question is what it means when established companies hit new lows while the S&P 500 itself has returned +3.7% over the last month.
The full list of names follows below.
The Full List, Largest First
- The 52-Week-High List: 20 S&P 500 Names On Friday
- S&P 500 Stocks At 52-Week Lows: Friday’s Full List
- 41 Small Cap Stocks Just Made New 52-Week Highs
- The 52-Week-High List: 19 Mid Cap Names On Friday
- S&P 500 Movers | Winners: HOOD, MRNA, COIN | Losers: MRVL, SRE, EIX
- 18 Large Cap Stocks Just Made New 52-Week Highs
Here are all 12 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D % Chg |
1W % Chg |
1M % Chg |
1Y % Chg |
|---|---|---|---|---|---|
| LHX | $49.8 Bil | -1.4% | -8.6% | -11.0% | -1.8% |
| PEG | $36.2 Bil | -2.7% | -4.5% | -9.0% | -11.9% |
| NRG | $23.4 Bil | -2.0% | -10.4% | -20.6% | -22.7% |
| LII | $14.0 Bil | -0.8% | -4.5% | -25.1% | -30.9% |
| TTD | $6.3 Bil | -1.1% | -6.8% | -21.5% | -74.9% |
| PFSI | $3.9 Bil | -0.9% | -3.4% | -8.8% | -27.7% |
| HWKN | $2.5 Bil | -0.3% | -9.2% | -14.5% | -28.7% |
| BGSI | $2.5 Bil | -4.0% | -7.2% | -12.7% | -44.6% |
| RUN | $2.1 Bil | -2.1% | -10.1% | -11.8% | -40.8% |
| CPRI | $1.6 Bil | -0.9% | -11.0% | -12.2% | -32.3% |
| ARDX | $1.0 Bil | -0.3% | -4.2% | -24.2% | -35.1% |
| ARRY | $0.7 Bil | -0.4% | -7.1% | -16.6% | -47.5% |
Is there business growth inside these stock price declines?
A weak stock price does not always mean a weak business. Public Service Enterprise (PEG) saw its revenue grow 12.7% over the last twelve months. Similarly, NRG Energy (NRG) posted revenue growth of 12.8% over the last twelve months, even as its stock declined 20.6% over the last month. This contrasts with a name like Lennox International (LII), where revenue declined 2.1% over the last twelve months. The presence of growing top lines on this list is a reminder to look past the price chart.
So is a 52-week low a buy signal or a warning?
A list of stocks at 52-week lows is not an automatic shopping list. It is a starting point for research. A new low can mark a permanently damaged business, or it can mark a temporarily marked-down one. The disciplined move is to investigate the health of the underlying company first. The price is the last thing to check, not the first.
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.