The 52-Week-Low List: 6 S&P 500 Names On Monday
As of Monday, October 26, there are 6 S&P 500 stocks trading at their 52-week lows.
Netflix (NFLX), with a market value of about $264.2 billion, is the largest company on the list; its stock is down 10.2% over the past month and down 42.6% over the past year. By sector, Communication Services leads the list with 3 of the 6 names. For context, the S&P 500 is down 0.8% over the past month, including dividends.
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 |
|---|---|---|---|---|---|
| NFLX | $264.2 Bil | -3.0% | -8.5% | -10.2% | -42.6% |
| BKNG | $117.6 Bil | -1.7% | -5.8% | -6.6% | -24.1% |
| CBRE | $35.5 Bil | -0.3% | -6.0% | -8.7% | -25.2% |
| FSLR | $18.1 Bil | -2.2% | -2.1% | -5.4% | -26.6% |
| TKO | $12.8 Bil | -1.1% | -1.7% | -6.3% | -6.9% |
| CHTR | $12.3 Bil | -5.9% | -5.8% | -9.5% | -58.1% |
Damaged Businesses Or Marked-Down Prices?
Netflix (NFLX) trades at 17.9 times trailing earnings, grew revenue 14.7% over the last twelve months and offers a free cash flow yield of 4.3%.
Booking Holdings (BKNG) trades at 16.3 times trailing earnings, grew revenue 12.9% over the last twelve months and offers a free cash flow yield of 8.1%.
Across the list, one-month moves range from -10.2% for Netflix (NFLX) to -5.4% for First Solar (FSLR).
Over the past year, the median name here is down 25.9%.
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: 3 of the 6 are Communication Services stocks. When a whole group is marked down together, a communication services ETF like XLC, which holds 3 of the 3 largest of them, is one way to own an eventual recovery in the group without betting on which single name leads it.
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.