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