With the recent market volatility the 52 week low list (I am posting an article next week how to profit off the volatility itself stay tuned..) is a good place to look for potentional bargains. I ran a quick screen on companies trading at 5% of their 52 week , market cap above $1.5b, Quick ratio above 1, and PE TTM below 12. For market cap I did not want to include stocks too small, but I specifically picked 1.5billion, because I wanted to tweak the numbers a bit to come up with exactly 25 names.
Score is calculated as follows:
A sub-score is assigned to each criterion in the search, based on how closely that criterion meets the value selected.
For example, suppose a screen includes the following three criteria:
- P/E < 15
- Earnings growth > 15%
- Debt/Equity < 20%
and the results include the following stocks:
| Criteria | Actual Value | Score | Summary |
| P/E | 11 | 89 | better than 89% of all stocks in universe |
| Earnings growth | 18% | 74 | better than 74% of all stocks in universe |
| Debt/Equity | 5% | 84 | better than 84% of all stocks in universe |
The stock’s overall score would be 82, calculated as follows: (89 + 74 + 84) / 3.
Some of these names are familiar but I would not touch, others look interesting, and others look uninteresting. I just made my own screen but you can do the same on various websites. The point is that this is a good place to look for possible attractive stocks by making a screener of your own. Some very great investors like Walter Schloss used the 52 week low list as a place to find potentially attractive stocks. Some names I woul personally look at is; DO, LLY, FII, ITW, NOC and STLD
Disclosure: None
| Action | Score† | Company Name | Symbol | % Change 52 Week Low | P/E (Intraday Price/TTM Earnings) | Market Capitalization | Quick Ratio (Most Recent Qtr) |
|---|---|---|---|---|---|---|---|
| 81 | ADVANCED MICRO DEVICES INC | +4.70% | 5.3 | $4.0B | +2.0 | ||
| 65 | AUTOLIV INC | +1.57% | 7.4 | $4.5B | +1.0 | ||
| 74 | CANADIAN OIL SANDS LTD | +0.88% | 9.0 | $11.1B | +1.9 | ||
| 77 | CELLCOM ISRAEL LTD | +3.61% | 5.9 | $2.1B | +1.6 | ||
| 85 | DIAMOND OFFSHORE DRILLING INC. | +4.27% | 8.5 | $8.2B | +4.2 | ||
| 67 | ELI LILLY AND CO | +4.63% | 8.2 | $40.5B | +1.3 | ||
| 72 | FEDERATED INVESTORS INC. | +0.96% | 10.4 | $1.7B | +2.0 | ||
| 72 | GUESS ? INC. | +2.27% | 10.2 | $2.9B | +1.9 | ||
| 57 | ILLINOIS TOOL WORKS INC. | +2.70% | 10.9 | $20.4B | +1.1 | ||
| 70 | L-3 COMMUNICATIONS HOLDINGS INC | +0.36% | 7.5 | $6.8B | +1.4 | ||
| 88 | LAM RESEARCH CORP | +3.17% | 6.2 | $4.5B | +4.0 | ||
| 69 | LINCARE HOLDINGS INC. | +3.36% | 11.2 | $2.0B | +2.0 | ||
| 62 | MEDTRONIC INC. | +3.55% | 10.9 | $33.2B | +1.3 | ||
| 69 | MICRON TECHNOLOGY INC. | +0.18% | 9.1 | $5.7B | +1.5 | ||
| 64 | NORTHROP GRUMMAN CORP | +0.28% | 7.8 | $13.9B | +1.1 | ||
| 58 | PITNEY BOWES INC. | +1.38% | 10.6 | $3.7B | +1.1 | ||
| 74 | SAIC INC | +0.37% | 8.9 | $4.9B | +1.9 | ||
| 86 | SANDISK CORP | +1.85% | 6.4 | $8.0B | +3.1 | ||
| 66 | STEEL DYNAMICS INC | +0.63% | 11.5 | $2.6B | +1.7 | ||
| 82 | STERLITE INDUSTRIES (INDIA) LTD | +1.95% | 9.4 | $9.3B | +3.8 | ||
| 71 | STMICROELECTRONICS NV | +0.32% | 5.5 | $5.4B | +1.2 | ||
| 71 | TURKCELL ILETISIM HIZMET | +0.84% | 11.4 | $9.4B | +2.3 | ||
| 77 | UNITED MICROELECTRONICS CORP | +4.47% | 5.7 | $4.7B | +1.6 | ||
| 64 | URS CORP | +4.61% | 9.7 | $2.5B | +1.3 | ||
| 75 | VISTEON CORP. | +2.67% | 2.1 | $2.4B | +1.3 |
