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:

CriteriaActual ValueScoreSummary
P/E1189better than 89% of all stocks in universe
Earnings growth18%74better than 74% of all stocks in universe
Debt/Equity5%84better 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

 

 

ActionScoreCompany NameSymbol% Change 52 Week LowP/E (Intraday Price/TTM Earnings)Market CapitalizationQuick Ratio (Most Recent Qtr)
81ADVANCED MICRO DEVICES INC
+4.70%5.3$4.0B+2.0
65AUTOLIV INC
+1.57%7.4$4.5B+1.0
74CANADIAN OIL SANDS LTD
+0.88%9.0$11.1B+1.9
77CELLCOM ISRAEL LTD
+3.61%5.9$2.1B+1.6
85DIAMOND OFFSHORE DRILLING INC.
+4.27%8.5$8.2B+4.2
67ELI LILLY AND CO
+4.63%8.2$40.5B+1.3
72FEDERATED INVESTORS INC.
+0.96%10.4$1.7B+2.0
72GUESS ? INC.
+2.27%10.2$2.9B+1.9
57ILLINOIS TOOL WORKS INC.
+2.70%10.9$20.4B+1.1
70L-3 COMMUNICATIONS HOLDINGS INC
+0.36%7.5$6.8B+1.4
88LAM RESEARCH CORP
+3.17%6.2$4.5B+4.0
69LINCARE HOLDINGS INC.
+3.36%11.2$2.0B+2.0
62MEDTRONIC INC.
+3.55%10.9$33.2B+1.3
69MICRON TECHNOLOGY INC.
+0.18%9.1$5.7B+1.5
64NORTHROP GRUMMAN CORP
+0.28%7.8$13.9B+1.1
58PITNEY BOWES INC.
+1.38%10.6$3.7B+1.1
74SAIC INC
+0.37%8.9$4.9B+1.9
86SANDISK CORP
+1.85%6.4$8.0B+3.1
66STEEL DYNAMICS INC
+0.63%11.5$2.6B+1.7
82STERLITE INDUSTRIES (INDIA) LTD
+1.95%9.4$9.3B+3.8
71STMICROELECTRONICS NV
+0.32%5.5$5.4B+1.2
71TURKCELL ILETISIM HIZMET
+0.84%11.4$9.4B+2.3
77UNITED MICROELECTRONICS CORP
+4.47%5.7$4.7B+1.6
64URS CORP
+4.61%9.7$2.5B+1.3
75VISTEON CORP.
+2.67%2.1$2.4B+1.3