Where The Selling Ran Deepest: 14 Stocks At 52-Week Lows
A defense giant lands on a list of new lows, raising the question of what separates a broken stock from a discounted business.
As of Thursday, 14 US and Canada-listed stocks with a market value above $500 million are trading at their 52-week lows. This comes during a month where the S&P 500 has returned +0.4%. The largest company on the list is L3Harris Technologies (LHX), a defense name with a market value of about $48.6 billion, which has seen its stock decline 8.8% over the last month.
The presence of such a large firm on a relatively short list raises a critical question for any investor scanning these names: what does a new low truly signify? Below is the full list of companies at their weakest price of the past year.
Thursday’s Full 52-Week-Low List
The table below lists all 14 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 |
|---|---|---|---|---|---|
| LHX | $48.6 Bil | -0.2% | -0.4% | -8.8% | -2.9% |
| ROL | $17.2 Bil | 0.0% | -0.6% | -4.5% | -35.7% |
| BROS | $6.2 Bil | -3.9% | -8.8% | -29.6% | -35.5% |
| OLN | $1.9 Bil | -3.9% | -1.8% | -8.3% | -24.6% |
| RARE | $1.5 Bil | -44.0% | -43.5% | -40.4% | -52.9% |
| EVCM | $1.4 Bil | 0.0% | -15.1% | -33.1% | -30.4% |
| FLO | $1.4 Bil | -3.4% | -7.6% | -12.7% | -52.1% |
| WINA | $1.1 Bil | -0.7% | -5.3% | -12.2% | -29.3% |
| ENOV | $1.1 Bil | -4.0% | -21.9% | -35.7% | -36.7% |
| ARDX | $0.9 Bil | -2.4% | -2.9% | -24.4% | -43.0% |
| CSR | $0.9 Bil | -0.7% | -0.3% | -7.9% | -6.3% |
| COLL | $0.8 Bil | -2.5% | -10.4% | -33.7% | -40.1% |
| PZZA | $0.7 Bil | -0.4% | -2.9% | -24.2% | -51.4% |
| ADTN | $0.6 Bil | -4.9% | -8.2% | -9.6% | -23.0% |
Where is revenue growth meeting a new low?
Dutch Bros (BROS) stands out for its sharp contrast. The stock has declined 29.6% over the last month, yet its revenue grew 29.6% over the last twelve months. Similarly, Rollins (ROL) saw its stock decline 4.5% over the last month while its revenue grew 9.9% over the last twelve months. These figures do not explain the price moves, but they do show businesses that were still expanding their top line.
A low price is a starting point, not a conclusion.
A 52-week-low list is not inherently a buy list or a sell list. It is a collection of problems, some temporary and some permanent. A stock at its weakest price in a year can represent a fundamentally damaged company, or it can be a solid business that has simply been marked down. The disciplined move is to investigate the business behind the ticker before reacting to the price itself.
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.