50 Stocks Just Touched 52-Week Lows

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A list of market lows is led by giants from consumer and industrial businesses, raising questions about price versus performance.

TJX Companies (TJX), with a market value of about $147.4 billion, has declined 15.1% over the last month. It is the largest of 50 US and Canada-listed stocks with a market value above $500 million to hit a 52-week low on Tuesday, a day when the S&P 500 returned +0.5%.

The list is concentrated in just two areas of the economy, with 16 names from the Consumer Discretionary sector and 14 names from Industrials. When a company’s stock price hits a one-year low while its business is still growing, what does the market see that the top line does not show? The full list of names follows.

Photo by ArtsyBee on Pixabay

Tuesday’s Full 52-Week-Low List

The table below lists all 50 US and Canada-listed stocks in the Trefis coverage universe at their 52-week lows (the screen only considers companies with market values above $500 million), largest first, with one-day, one-week, one-month, and one-year returns:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
TJX $147.4 Bil -0.5% -4.5% -15.1% -1.3%
LOW $111.8 Bil -2.3% -6.8% -5.7% -20.9%
CRH $60.8 Bil -3.3% -5.2% -7.1% -18.1%
CCL $32.0 Bil -2.8% -11.1% -18.7% -26.0%
MLM $30.3 Bil -2.5% -4.9% -6.7% -17.5%
VICI $27.8 Bil -0.4% -2.9% -3.8% -19.5%
NRG $23.1 Bil -0.6% -3.6% -20.9% -23.8%
TLN $13.5 Bil -0.7% -4.5% -14.7% -22.5%
LII $13.1 Bil -1.4% -3.0% -13.3% -31.7%
QXO $9.9 Bil -3.0% -7.0% -8.6% -36.0%
PNR $9.7 Bil -0.0% -3.2% -9.9% -43.1%
WYNN $9.3 Bil -0.7% -8.2% -7.7% -27.9%
CNM $7.9 Bil -2.1% -4.6% -8.0% -35.0%
SARO $7.9 Bil -1.1% -3.0% -19.2% -8.6%
BLDR $6.8 Bil -5.4% -9.5% -13.4% -54.7%
BROS $6.2 Bil -5.2% -9.3% -28.7% -35.5%
BEPC $5.8 Bil -1.6% -4.1% -6.2% -2.3%
STWD $5.7 Bil -1.1% -3.7% -2.8% -14.7%
KRMN $5.4 Bil -0.9% -16.5% -18.5% -23.1%
SYM $4.9 Bil -3.7% -5.4% -16.6% -19.4%
AMTM $4.9 Bil 0.0% -1.3% -13.8% -19.9%
ESAB $4.5 Bil -1.8% -8.0% -18.7% -35.6%
PFSI $3.7 Bil -3.2% -4.6% -7.0% -34.9%
OPEN $2.9 Bil -5.0% -15.6% -22.8% -31.7%
PATK $2.6 Bil -0.5% -4.7% -2.2% -25.9%
BGSI $2.3 Bil -4.8% -3.4% -21.4% -50.3%
RUN $2.0 Bil -2.3% -8.9% -19.8% -47.6%
OLN $2.0 Bil -1.6% -0.2% -6.9% -24.9%
ATS $1.8 Bil -4.0% -5.9% -33.4% -33.3%
LCID $1.7 Bil -6.2% -13.5% -40.9% -77.0%
CPRI $1.5 Bil -3.5% -3.8% -21.9% -37.9%
FLO $1.4 Bil -3.3% -5.9% -7.3% -51.6%
SLVM $1.4 Bil -3.9% -6.4% -9.8% -22.0%
WINA $1.2 Bil -2.0% -6.1% -6.3% -27.3%
UTI $1.1 Bil -1.3% -7.4% -49.5% -21.6%
EOSE $1.0 Bil -5.6% -14.1% -18.9% -55.9%
CSR $0.9 Bil -0.2% -2.8% -5.6% -7.3%
PLTK $0.8 Bil -3.1% -10.2% -45.8% -37.4%
LUCK $0.8 Bil -3.2% -9.0% -9.5% -41.7%
GOOS $0.8 Bil -1.9% -1.7% -7.8% -37.8%
COLL $0.8 Bil -2.5% -12.6% -32.5% -38.1%
ESRT $0.8 Bil -3.1% -8.0% -11.0% -41.3%
PZZA $0.7 Bil -3.3% -5.8% -26.9% -51.6%
ARRY $0.7 Bil -1.4% -4.2% -23.2% -51.6%
MATW $0.6 Bil -1.9% -5.3% -26.6% -13.7%
JBI $0.6 Bil -5.6% -7.3% -13.7% -54.8%
NXRT $0.6 Bil -1.3% -4.3% -9.7% -27.2%
BRSP $0.6 Bil -2.3% -4.7% -9.6% -10.2%
RWT $0.6 Bil -4.3% -6.4% -4.3% -17.5%
CSV $0.5 Bil -1.6% -4.9% -18.5% -23.6%

Is the business shrinking alongside the stock price?

For some of the largest companies on this list, the answer is no. TJX Companies’ revenue grew 7.7% over the last twelve months, and the company trades at 24.3 times trailing earnings. Lowe’s Companies (LOW) saw its revenue grow 8.2% over the last twelve months and trades at 16.8 times trailing earnings.

The pattern appears elsewhere. Martin Marietta Materials (MLM), a name from the Industrials sector, saw revenue grow 14.8% over the last twelve months. These figures contrast a stock price at a yearly low with a business that has recently expanded.

So how should I use a list like this?

A 52-week-low list is a starting point for research, not a conclusion. A stock arrives here for a reason, but the reason can be one of two things: either the business is fundamentally damaged, or a solid business has been marked down.

The disciplined move is to investigate the business before the price. A low price on a broken company is no bargain, while a temporary discount on a sound one can be an opportunity. The work is to tell one from the other.

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.

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.