34 Stocks Hit 52-Week Lows On Tuesday

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As of Tuesday, November 10, there are 34 US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week lows. The screen only considers companies with a market value above $500 million.

MercadoLibre (MELI), with a market value of about $75.6 billion, is the largest company on the list; its stock is down 21.3% over the past month and down 29.3% over the past year. For context, the S&P 500 is down 3.6% over the past month, including dividends.

Photo by ArtsyBee on Pixabay

 
The Complete 52-Week-Low List

The table below lists all 34 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
MELI $75.6 Bil -2.8% -10.3% -21.3% -29.3%
COIN $34.9 Bil -2.9% -9.2% -26.8% -57.3%
AXON $24.5 Bil -0.2% -27.4% -27.0% -49.8%
ALNY $20.3 Bil -3.2% -5.2% -33.2% -65.7%
FIS $14.6 Bil -0.1% -27.4% -17.4% -54.6%
IONS $4.7 Bil -9.1% -30.3% -35.4% -61.7%
STWD $4.3 Bil -1.3% -5.1% -5.0% -27.4%
GNTX $4.0 Bil -0.4% -3.3% -6.2% -15.5%
SLM $3.1 Bil -0.8% -6.4% -26.9% -35.9%
LMND $3.0 Bil -1.7% -5.0% -13.0% -47.6%
IRTC $2.8 Bil -3.0% -31.9% -19.3% -50.7%
BFAM $2.5 Bil -0.4% -2.8% -26.0% -47.5%
AD $2.5 Bil -4.7% -13.0% -14.4% -4.8%
UPST $2.0 Bil -8.3% -4.5% -14.1% -47.1%
SOUN $1.8 Bil -4.4% -6.1% -22.1% -72.6%
SEDG $1.6 Bil -6.5% -21.4% -17.9% -35.4%
GNL $1.5 Bil -0.3% -1.0% -12.4% -7.5%
ADNT $1.3 Bil -1.4% -4.7% -6.7% -17.8%
OPEN $1.2 Bil -7.1% -24.7% -37.3% -80.0%
GT $1.2 Bil -3.8% -9.5% -10.5% -46.9%
UNIT $1.1 Bil -4.5% -17.0% -38.8% -35.3%
ROCK $0.9 Bil -7.9% -23.4% -15.2% -49.1%
MUX $0.8 Bil -16.5% -0.7% -22.6% -15.6%
LZ $0.8 Bil -2.9% -29.6% -22.1% -53.4%
OI $0.8 Bil -2.5% -0.2% -13.7% -60.3%
JANX $0.8 Bil -5.6% -32.4% -33.7% -54.5%
SAFE $0.7 Bil -4.4% -8.1% -14.4% -18.2%
PXED $0.7 Bil -0.3% -17.8% -21.1% -39.2%
NAVI $0.6 Bil -14.0% -18.3% -27.2% -38.3%
MFA $0.6 Bil -4.9% -10.1% -10.6% -23.8%
LYTS $0.6 Bil -5.2% -24.4% -23.5% -17.3%
CIM $0.6 Bil -4.0% -15.7% -20.2% -33.8%
TE $0.6 Bil -9.6% -26.9% -35.5% -45.7%
JBI $0.5 Bil -17.9% -16.5% -6.2% -41.9%

What Sits Behind The Biggest New Lows?

MercadoLibre (MELI) trades at 40.0 times trailing earnings, grew revenue 47.1% over the last twelve months and offers a free cash flow yield of 16.2%.

Coinbase Global (COIN) saw revenue decline 26.6% over the last twelve months.

Across the list, one-month moves range from -38.8% for Uniti (UNIT) to -5.0% for Starwood Property Trust (STWD).

Over the past year, the median name here is down 43.8%.

3 of the 34 names are also S&P 500 members.

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.

Weakness Is Information. It Is Not An Instruction

A 52-week low tells you what the market thinks today. It does not tell you what to do, and acting on price alone is how value traps get bought. The missing ingredient is always the same: is the business still sound?

Asking that question across thousands of stocks, every day, is exactly how the Trefis High Quality (HQ) Portfolio is built: roughly 30 names that pass the quality screens, held with rules instead of nerve. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Let the low list sharpen your watchlist, and let the portfolio carry the risk.