109 Stocks Hit 52-Week Lows On Wednesday

SPYYTD+13.2%SPYYTD+13.2%QQQYTD+20.9%
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A list of market laggards includes some of the largest and most familiar corporate names.

McDonald’s (MCD), a company with a market value of about $169.0 billion, is now trading at a 52-week low after declining 11.9% over the last month. As of Wednesday, September 23, there are 109 US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week lows. The presence of such a large name, alongside 28 S&P 500 members in total, raises a critical question for investors when the index itself returned +0.8% over the same month.

Photo by ArtsyBee on Pixabay

Wednesday’s Full 52-Week-Low List

Here are all 109 names, sorted by market capitalization, with returns over four windows:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
MCD $169.0 Bil -4.8% -4.1% -11.9% -19.3%
RCL $61.7 Bil -2.0% -8.8% -20.9% -28.4%
AON $60.0 Bil -1.6% -6.3% -21.6% -19.6%
CRH $56.9 Bil -3.2% -1.7% -11.0% -24.6%
SRE $51.2 Bil -3.3% -4.1% -7.4% -2.1%
LHX $44.5 Bil -0.3% -4.6% -8.6% -14.5%
EXC $41.7 Bil -2.7% -4.1% -7.4% -2.8%
RKT $34.5 Bil -4.6% -6.2% -13.8% -38.7%
PEG $33.5 Bil -2.6% -4.4% -7.6% -14.8%
CCI $30.4 Bil -3.0% -4.1% -6.7% -21.7%
CCL $30.1 Bil -2.2% -2.5% -15.2% -27.9%
MLM $29.5 Bil -1.8% -1.3% -7.9% -20.4%
PCG $27.3 Bil -3.6% -7.0% -31.5% -14.5%
ATO $26.3 Bil -0.7% -3.5% -6.9% -1.9%
VICI $25.8 Bil -1.2% -1.5% -9.8% -19.3%
CPNG $25.7 Bil -2.3% -0.8% -13.1% -55.8%
LVS $25.6 Bil -1.3% -4.6% -16.6% -24.3%
DTE $25.6 Bil -2.0% -5.1% -8.6% -6.6%
FISV $24.5 Bil -0.3% -7.1% -13.2% -64.8%
PPL $24.3 Bil -1.9% -3.5% -7.2% -6.7%
MKL $21.9 Bil -1.2% -2.6% -4.2% -9.4%
NRG $21.3 Bil -2.0% -6.2% -9.9% -40.4%
STZ $20.2 Bil -0.9% -5.3% -15.3% -10.1%
FICO $19.9 Bil -3.8% -11.3% -24.6% -42.8%
CMS $19.6 Bil -1.7% -4.3% -7.7% -7.5%
NI $18.8 Bil -1.6% -3.5% -3.9% -2.4%
FIS $17.9 Bil -0.8% -5.9% -15.3% -44.3%
FLUT $15.0 Bil -3.1% -12.0% -16.3% -69.9%
CG $14.3 Bil -0.8% -0.2% -18.8% -39.5%
CHTR $14.0 Bil -0.6% -13.6% -22.4% -56.2%
SUI $13.8 Bil -1.3% -2.2% -9.0% -9.6%
TU $13.4 Bil -0.9% -4.3% -12.3% -41.5%
TXT $13.3 Bil -1.4% -4.8% -6.5% -7.9%
BWXT $13.0 Bil -1.9% -2.6% -5.2% -20.0%
FNF $11.2 Bil -1.6% -2.7% -10.7% -23.0%
EVR $10.0 Bil -1.3% -0.7% -10.1% -25.9%
PNR $8.9 Bil -0.4% -2.1% -12.7% -49.2%
SPXC $8.7 Bil -0.6% -2.8% -13.6% -8.5%
WYNN $8.4 Bil -1.3% -3.3% -18.1% -34.8%
ADC $8.1 Bil -0.3% -2.0% -9.7% -1.2%
SFD $7.4 Bil -3.2% -5.1% -15.2% -17.2%
IONS $7.3 Bil -4.0% -2.0% -29.2% -28.4%
TAP $6.9 Bil -0.7% -6.4% -13.8% -15.1%
Z $6.5 Bil -7.4% -8.5% -22.7% -64.6%
POOL $6.0 Bil -1.2% -0.7% -11.5% -45.4%
TTD $5.9 Bil -3.8% -12.5% -4.4% -72.5%
AN $5.5 Bil -2.7% -15.5% -15.4% -24.8%
STWD $5.4 Bil -2.6% -1.9% -9.8% -18.3%
BYD $5.4 Bil -0.5% -5.1% -11.2% -13.2%
ROAD $5.2 Bil -3.4% -1.7% -13.9% -31.7%
GXO $5.2 Bil -1.2% -2.0% -3.7% -9.3%
BROS $5.2 Bil -0.9% -7.1% -26.0% -30.5%
OGS $4.6 Bil -1.7% -5.4% -10.0% -1.7%
KRMN $4.4 Bil -1.3% -10.5% -35.7% -50.8%
AQN $3.9 Bil -2.9% -4.9% -11.1% -2.8%
FCN $3.8 Bil -0.9% -8.0% -14.2% -16.3%
IRT $3.4 Bil -1.2% -2.4% -13.6% -10.7%
LMND $3.4 Bil -7.0% -8.7% -17.6% -25.7%
PFSI $3.4 Bil -2.0% -0.5% -12.7% -45.4%
MWA $3.4 Bil -1.4% -4.5% -13.6% -13.6%
NHI $3.3 Bil -0.3% -1.4% -8.0% -10.0%
LBTYA $3.2 Bil -4.9% -8.8% -11.6% -18.8%
PLNT $3.2 Bil -3.8% -18.0% -23.9% -59.7%
AGO $3.1 Bil -2.5% -3.2% -7.0% -15.9%
KNF $2.9 Bil -7.9% -7.5% -19.2% -32.1%
HAYW $2.8 Bil -1.3% -1.4% -12.1% -14.1%
WING $2.7 Bil -4.4% -3.1% -16.2% -61.4%
MGEE $2.6 Bil -2.5% -5.9% -10.1% -13.4%
PRVA $2.4 Bil -1.8% -6.2% -9.1% -16.6%
NMRK $2.3 Bil -5.8% -7.5% -18.3% -30.8%
BGSI $2.2 Bil -1.5% -4.1% -8.3% -53.2%
BXMT $2.1 Bil -4.3% -5.4% -11.0% -26.9%
TBBK $2.1 Bil -2.1% -2.3% -25.8% -37.1%
STUB $2.0 Bil -7.5% -9.8% -20.4% -69.5%
WU $1.9 Bil -2.1% -6.9% -13.8% -15.6%
ALHC $1.6 Bil -1.6% -9.8% -41.5% -54.0%
HE $1.6 Bil -4.3% -9.9% -19.2% -20.0%
FMC $1.2 Bil -6.3% -8.3% -12.2% -71.1%
FLO $1.2 Bil -1.2% -5.5% -18.5% -51.7%
WD $1.2 Bil -3.5% -5.9% -6.4% -54.4%
LADR $1.1 Bil -3.6% -4.7% -9.5% -12.2%
UVV $1.1 Bil -1.5% -4.0% -6.2% -16.5%
YELP $1.0 Bil -6.5% -14.6% -25.6% -44.1%
BV $0.9 Bil -5.0% -6.6% -7.3% -24.2%
TRIP $0.9 Bil -6.0% -10.1% -21.1% -57.0%
OI $0.9 Bil -1.9% -1.3% -16.3% -53.8%
EVLV $0.9 Bil -0.6% -3.3% -7.0% -42.2%
SMPL $0.9 Bil -4.2% -5.9% -12.6% -63.4%
PLTK $0.8 Bil -5.2% -5.6% -9.1% -36.7%
ABR $0.8 Bil -4.6% -7.3% -20.2% -59.3%
CSIQ $0.8 Bil -3.7% 0.0% -20.8% -10.9%
PMT $0.8 Bil -3.1% -1.7% -6.0% -16.1%
LUCK $0.7 Bil -0.8% -1.1% -20.6% -45.2%
WOOF $0.7 Bil -3.3% -1.7% -19.8% -34.2%
SLRC $0.6 Bil -1.5% -2.2% -5.0% -17.4%
SSII $0.6 Bil -5.8% -4.9% -11.1% -49.3%
JBGS $0.6 Bil -3.3% -5.4% -14.8% -53.0%
MATW $0.6 Bil -1.0% -1.2% -7.1% -18.8%
VEL $0.6 Bil -2.8% -4.4% -14.2% -14.1%
ARRY $0.6 Bil -2.5% -8.1% -15.5% -53.0%
AGNT $0.6 Bil -7.6% -9.2% -22.2% -65.8%
PHAT $0.6 Bil -10.0% -9.2% -19.3% -40.5%
JBI $0.6 Bil -4.7% -2.3% -16.5% -58.3%
FBRT $0.6 Bil -3.7% -3.5% -11.6% -24.8%
NPB $0.5 Bil -2.4% -6.8% -9.2% -14.4%
NXRT $0.5 Bil -4.5% -2.8% -14.0% -32.0%
TRTX $0.5 Bil -5.1% -6.8% -12.8% -15.8%
VRRM $0.5 Bil -1.7% -4.5% -24.4% -86.2%
BRSP $0.5 Bil -5.4% -5.6% -17.5% -20.9%

Some of the largest names on the list are still growing.

The list includes established companies whose recent price weakness contrasts with their business performance. McDonald’s (MCD) trades at 19.2 times trailing earnings, and its revenue grew 6.3% over the last twelve months, and its free cash flow yield is 4.6%.

Aon (AON), the third-largest company on the list, has also seen its stock slide 21.6% in a month. Yet the business trades at 15.3 times trailing earnings, and its revenue grew 4.9% over the last twelve months, and its free cash flow yield is 5.4%.

A low price is a starting point, not a conclusion.

A stock at its weakest price in a year can signal one of two things. It may point to a business with genuine fundamental damage, or it may be a solid business that is simply out of favor and marked down.

The disciplined approach is to treat the list not as a collection of broken stocks, but as a set of questions. The first step is always to check the underlying business before making a judgment on 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.

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 S&P 500, the S&P MidCap 400, and the Russell 2000. Watch the low list for information; let a disciplined basket do the buying.