S&P 500 Stocks At 52-Week Lows: Thursday’s Full List
A short list of market laggards features two industrial names whose businesses are still expanding.
L3Harris Technologies (LHX), a company with a market value of about $48.6 billion, leads a very short list of S&P 500 stocks at new 52-week lows. Just 2 names made the screen on Thursday, both from the Industrials sector.
The slide in LHX stock reached 8.8% over the last month, a period where the S&P 500 returned +0.4%. This raises a core question for any low list: does a weak stock price reflect a weakening business, or something else entirely? The full list of names follows.
Every Name On The List
Here are all 2 names, sorted by market capitalization, with returns over four windows:
| 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% |
Is the business weakening with the stock price?
The data suggests a disconnect. L3Harris Technologies saw its revenue grow 7.3% over the last twelve months. The other name on the list, Rollins (ROL), also shows business expansion, with revenue that grew 9.9% over the last twelve months. Both companies are trading at new lows while their top lines have expanded.
A 52-week low is a starting point, not a conclusion.
A list like this is a screen for attention, nothing more. A stock at its weakest price in a year can signal genuine fundamental damage, or it can mark a valuable business that has simply been marked down. The disciplined work is always the same: investigate the business 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.
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.