The 52-Week-Low List: 3 S&P 500 Names On Monday

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As of Monday, October 19, there are 3 S&P 500 stocks trading at their 52-week lows.

First Solar (FSLR), with a market value of about $18.5 billion, is the largest company on the list; its stock is down 12.3% over the past month and down 27.8% over the past year. For context, the S&P 500 is up 0.6% over the past month, including dividends.

Photo by ArtsyBee on Pixabay

 
The Complete 52-Week-Low List

The table below lists all 3 names this screen surfaced, largest first, with one-day, one-week, one-month and one-year returns:
 

Tickers Market
Cap
1D
Return
1W
Return
1M
Return
1Y
Return
FSLR $18.5 Bil -0.5% -4.4% -12.3% -27.8%
MGM $7.2 Bil -0.5% -2.9% -24.7% -10.2%
MOS $5.7 Bil -4.8% -4.9% -26.8% -36.9%

The Businesses Behind The Largest New Lows

First Solar (FSLR) trades at 10.6 times trailing earnings, grew revenue 23.8% over the last twelve months and offers a free cash flow yield of 8.1%.

MGM Resorts International (MGM) grew revenue 3.2% over the last twelve months and offers a free cash flow yield of 20.7%.

Across the list, one-month moves range from -26.8% for Mosaic (MOS) to -12.3% for First Solar (FSLR).

The median stock on the list is down 27.8% over the past year.

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.

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.