21 S&P 500 Stocks Hit 52-Week Lows On Tuesday

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A list of market laggards includes some surprisingly fast-growing businesses.

TJX Companies (TJX), a retailer with a market value of about $137.8 billion, has seen its stock decline 18.1% over the last month. As of Tuesday, September 15, there are 21 S&P 500 stocks trading at their 52-week lows. The list is heavy with names from the Consumer Discretionary sector, which accounts for 10 of the names.

The presence of such large companies raises a critical question: do these new lows reflect damaged businesses or simply marked-down ones?

Photo by ArtsyBee on Pixabay

Every Name On The List

Here are all 21 names, sorted by market capitalization, with returns over four windows:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
TJX $137.8 Bil -1.1% -3.4% -18.1% -9.6%
LOW $108.8 Bil -1.8% -3.1% -10.9% -26.9%
SNPS $70.4 Bil -3.6% -6.2% -12.8% -13.6%
TDG $62.3 Bil -2.4% -5.3% -13.7% -14.7%
NKE $53.7 Bil -2.2% -4.9% -10.1% -48.7%
AZO $47.1 Bil -3.5% -3.1% -5.4% -33.8%
FERG $41.7 Bil -3.2% -4.9% -11.9% 3.6%
PEG $35.1 Bil -0.7% -4.3% -6.5% -11.9%
VMC $32.3 Bil -0.5% -3.5% -11.6% -14.9%
CCL $30.5 Bil -2.0% -4.7% -21.4% -28.7%
PCG $29.0 Bil -3.3% -11.3% -26.3% -14.0%
LVS $27.0 Bil -2.7% -6.2% -10.7% -21.2%
NRG $22.4 Bil -2.3% -11.4% -16.0% -34.9%
CMS $20.4 Bil -1.3% -4.2% -7.3% -5.2%
ROL $16.3 Bil -4.4% -3.4% -6.7% -40.3%
LII $12.6 Bil -0.9% -6.0% -14.2% -32.8%
DECK $10.7 Bil -3.8% -6.2% -16.7% -34.6%
COO $10.4 Bil -1.8% -21.3% -30.1% -20.1%
APTV $9.3 Bil -2.3% -4.3% -11.7% -47.2%
WYNN $8.9 Bil -1.2% -6.0% -15.4% -27.9%
NCLH $6.6 Bil -3.0% -7.2% -24.9% -46.4%

Some of these businesses are still growing.

Synopsys (SNPS) is one example. The company trades at 65.4 times trailing earnings, and its revenue grew 46.3% over the last twelve months, and its free cash flow yield is 3.9%. Lowe’s Companies (LOW) shows a different profile, trading at 16.4 times trailing earnings with revenue growth of 8.2% over the last twelve months and a free cash flow yield of 6.4%.

A low price is a question, not an answer.

A 52-week-low list is not an automatic buy signal or a reason to sell. It simply flags a stock where market perception has soured over the past year. The disciplined approach is to investigate the business behind the ticker before reacting to the price.

If any of these names tempt you, resist buying on 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.

Notice how many of these names sit in one corner of the market: 10 of the 21 are Consumer Discretionary stocks. When a whole group is marked down together, a consumer discretionary ETF like XLY is one way to own an eventual recovery without betting on which single name survives it best.

Weakness Is Information. It Is Not An Instruction

A 52-week low tells you what the market thinks today. It does not tell you what to do, and acting on price alone is how value traps get bought. The missing ingredient is always the same: is the business still sound?

Asking that question across thousands of stocks, every day, is exactly how the Trefis High Quality (HQ) Portfolio is built: roughly 30 names that pass the quality screens, held with rules instead of nerve. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Let the low list sharpen your watchlist, and let the portfolio carry the risk.