24 Stocks Hit 52-Week Lows On Monday

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A technology giant leads a new list of stocks at their yearly lows, raising questions about the difference between a company’s price and its business.

Oracle (ORCL), a company with a market value of about $378.2 billion, is trading at its weakest price of the past year. The stock’s new low follows a 34.4% decline over the last month, a period when the S&P 500 returned +3.3%.

On Monday, 24 stocks from the Russell 3000 hit their 52-week lows. The central question is what separates a falling price from a failing business. The full list of names follows below.

Photo by ArtsyBee on Pixabay

The Complete 52-Week-Low List

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The table below lists every stock at its 52-week low, largest first, with one-day, one-week, one-month, and one-year returns:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
ORCL $378.2 Bil -6.5% -8.2% -34.4% -43.4%
CPRT $25.7 Bil -0.3% -6.1% -12.5% -42.8%
QXO $10.3 Bil -7.3% -12.1% -7.8% -35.2%
HLI $8.8 Bil -2.1% -7.0% -2.5% -29.5%
JOBY $7.1 Bil -3.1% -16.1% -15.6% -39.3%
ABTC $5.4 Bil -13.8% -37.8% -57.0%
TDS $3.8 Bil -2.2% -5.5% -16.3% -15.1%
OLED $3.7 Bil -3.8% -3.2% -10.5% -49.7%
ACHR $3.5 Bil -3.8% -15.3% -9.9% -57.8%
SMR $2.7 Bil -7.6% -13.1% -10.1% -76.8%
TMC $1.7 Bil -5.2% -5.9% -17.4% -41.8%
EOSE $1.5 Bil -1.1% -14.0% -28.3% -6.5%
ABR $1.0 Bil -2.8% -1.4% -5.6% -50.6%
NNE $0.9 Bil -4.5% -10.7% -18.5% -48.5%
VMET $0.9 Bil -4.5% -20.0% -15.2%
KDK $0.8 Bil -4.1% -12.4% -19.5%
EVEX $0.8 Bil -5.8% -17.7% -11.3% -67.8%
PSIX $0.7 Bil -6.8% -12.3% -16.0% -52.9%
AGNT $0.7 Bil 0.0% -10.8% -3.8% -55.6%
AIAI $0.7 Bil -4.5% -24.1% -31.4%
UWMC $0.6 Bil -3.8% -9.1% -13.9% -46.3%
HTZ $0.6 Bil -10.7% -10.7% -63.3% -77.0%
IMSR $0.6 Bil -8.4% -18.4% -21.1%
SLI $0.6 Bil -6.9% -14.6% -30.2% -16.1%

Some names on this list are still growing their top line.

Oracle is the largest company on the list, and its revenue grew 17.4% over the last twelve months. The company now trades at 22.1 times trailing earnings. It is not the only example of a business expanding while its stock price weakens. Copart (CPRT), the second-largest name on the list, saw its revenue grow 1.0% over the last twelve months and trades at 16.5 times trailing earnings.

A low price is a signal to check the business, not a verdict on it.

A 52-week-low list is a starting point for research. A stock arrives here for a reason, but the reason is not always permanent damage. The disciplined move is to investigate the underlying business fundamentals behind the price. A low can mark a truly broken company, or it can mark a solid business that has simply been marked down.

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.

Notice how many of these names sit in one corner of the market: 11 of the 24 are Industrials stocks. When a whole group is marked down together, an industrials ETF like XLI is one way to own an eventual recovery without betting on which single name survives it best.

A 52-Week Low Is A Stress Test You Do Not Want To Take Concentrated

Every stock on this list just showed its holders what a bad year feels like. If any single name makes up a large share of your wealth, its turn on a list like this is not noise, it is lasting damage – and diversifying out the usual way still triggers a tax bill. There is a way to put a floor under the downside and diversify tax-efficiently.