4 S&P 500 Stocks Hit 52-Week Lows On Friday
As of Friday, October 30, there are 4 S&P 500 stocks trading at their 52-week lows.
At about $132.9 billion in market value, Uber Technologies (UBER) is the largest company on the list; its stock is down 3.9% over the past month and down 31.9% over the past year. By sector, Communication Services leads the list with 2 of the 4 names. For context, the S&P 500 is down 1.1% over the past month, including dividends.
Every Name On The List
Here are all 4 names, sorted by market capitalization, with returns over four windows:
| Tickers | Market Cap |
1D Return |
1W Return |
1M Return |
1Y Return |
|---|---|---|---|---|---|
| UBER | $132.9 Bil | -0.7% | -2.2% | -3.9% | -31.9% |
| APP | $76.7 Bil | -10.4% | -12.2% | -18.8% | -63.8% |
| RDDT | $17.7 Bil | -29.2% | -36.4% | -38.7% | -56.5% |
| CHRW | $14.6 Bil | -2.2% | -11.7% | -18.6% | -2.2% |
What Sits Behind The Biggest New Lows?
Uber Technologies (UBER) trades at 13.9 times trailing earnings, grew revenue 16.7% over the last twelve months and offers a free cash flow yield of 7.6%.
AppLovin (APP) trades at 17.4 times trailing earnings, grew revenue 60.6% over the last twelve months and offers a free cash flow yield of 5.9%.
Across the list, one-month moves range from -38.7% for Reddit (RDDT) to -3.9% for Uber Technologies (UBER).
The median stock on the list is down 44.2% 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.
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.