6 S&P 500 Stocks Hit 52-Week Lows On Monday

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As of Monday, October 12, there are 6 S&P 500 stocks trading at their 52-week lows.

CRH, with a market value of about $54.1 billion, is the largest company on the list; its stock is down 8.5% over the past month and down 30.1% over the past year. Communication Services contributed the most names, 2 of the 6. For context, the S&P 500 is up 2.0% over the past month, including dividends.

Photo by ArtsyBee on Pixabay

 
Every Name On The List

Here are all 6 names, sorted by market capitalization, with returns over four windows:
 

Tickers Market
Cap
1D
Return
1W
Return
1M
Return
1Y
Return
CRH $54.1 Bil -0.6% -1.9% -8.5% -30.1%
MLM $28.7 Bil -0.2% -1.7% -6.4% -24.3%
CPRT $24.5 Bil -3.1% -4.2% -11.6% -39.9%
TKO $13.0 Bil -2.6% -2.0% -8.5% -5.5%
CHTR $12.3 Bil -0.9% -4.9% -29.7% -61.3%
WYNN $7.7 Bil -0.3% -2.9% -14.5% -38.8%

Damaged Businesses Or Marked-Down Prices?

CRH grew revenue 6.3% over the last twelve months and offers a free cash flow yield of 5.1%.

Martin Marietta Materials (MLM) trades at 11.7 times trailing earnings, grew revenue 14.8% over the last twelve months and offers a free cash flow yield of 2.8%.

Across the list, one-month moves range from -29.7% for Charter Communications (CHTR) to -6.4% for Martin Marietta Materials (MLM).

The median stock on the list is down 34.4% over the past year.

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.

The Low List Is A Symptom. Own The Discipline Instead

Stocks land on this list for different reasons, and the businesses behind them are in very different shape; what they share is that the market’s verdict arrived faster than any of them could answer it. Telling them apart name by name is unforgiving work.

That work is what the Trefis High Quality (HQ) Portfolio systematizes: about 30 quality businesses screened for the cash flow and balance-sheet strength that let a company fight through a bad year, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Read the list; own the discipline.