5 S&P 500 Stocks Hit 52-Week Lows On Wednesday

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State Street SPDR S&P 500 ETF Trust

A short list of market laggards raises questions about growth, value, and when a low price is worth a closer look.

The weakness on Wednesday is scattered, with each of the 5 S&P 500 stocks on the 52-week-low list hailing from a different industry. The largest company here is Public Service Enterprise (PEG), with a market value of about $37.7 billion.

These specific declines are notable because they come as the broader market moves higher; the S&P 500 has returned +3.0% over the last month. This raises a key question for investors: is this isolated weakness a sign of company-specific trouble or a mispricing? The full list of names follows.

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Every Name On The 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
PEG $37.7 Bil -1.0% -2.8% -7.6% -13.4%
CCI $32.2 Bil -4.9% -6.6% -4.4% -27.8%
ROL $18.1 Bil -0.6% -3.0% -13.9% -34.9%
APTV $10.0 Bil -1.5% -18.9% -20.1% -27.5%
PODD $9.3 Bil -20.1% -21.9% -17.5% -53.7%

Can a company’s revenue grow while its stock hits a new low?

A stock at its weakest price in a year does not always mean the underlying business is shrinking. Insulet (PODD) saw its revenue grow 29.4% over the last twelve months. Rollins (ROL) posted revenue growth of 9.9% over the same period. Even Aptiv (APTV), which suffered the steepest one-month slide on the list at 20.1%, still grew its revenue.

So is this a shopping list or a warning sign?

A 52-week-low list is simply a starting point for research. It contains companies with different fundamental trajectories. For instance, Crown Castle (CCI) saw its revenue decline 4.6% over the last twelve months, a stark contrast to the growth at other firms on today’s list.

The disciplined approach is to treat the list as a flag, not a conclusion. A low price can mark real business damage or a temporarily marked-down asset. The work is to check the business first.

If any of these names tempt you, resist buying a 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 three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Watch the low list for information; let a disciplined basket do the buying.