10 stocks near their 52-week low
With the stock market trading near all-time highs, investors may be struggling to find attractive bargains. Companies trading near their 52-week low may be one place to look for value. To be sure, these companies may be dealing with fundamental business challenges, which may explain the reason their stocks have underperformed. Investors will want to thoroughly research and understand the company’s business and prospects before buying its stock.
Here are 10 S&P 500 companies trading near their 52-week low as of March 1, 2024.
10 stocks near their 52-week low
*Data as of March 1, 2024
Source: Schwab & Yahoo Finance
1. Biogen (BIIB)
Biogen is a biopharmaceutical company that develops therapies for people living with complex diseases. The company has a portfolio of medicines that treat MS and spinal muscular atrophy, and co-developed treatments to address a defining pathology of Alzheimer’s disease. Biogen also developed the first approved treatment that targets a genetic cause of ALS.
- Stock price: $219.21
- 52-week low: $215.35
- Price-earnings ratio: 27.5x
- Dividend yield: n/a
2. Gilead Sciences (GILD)
Gilead Sciences is a biopharmaceutical company that is focused on developing medicines to prevent and treat life-threatening diseases including HIV, viral hepatitis, Covid-19 and cancer. The company generated $27.1 billion in 2023 revenue.
- Stock price: $72.39
- 52-week low: $71.37
- Price-earnings ratio: 16.1x
- Dividend yield: 4.3 percent
3. APA Corp. (APA)
APA is a producer of oil and gas and has operations in the U.S., Egypt, and offshore the U.K. in the North Sea. APA generated about $8.3 billion in 2023 revenues and $3.1 billion in cash flow from operations.
- Stock price: $30.61
- 52-week low: $29.47
- Price-earnings ratio: 3.3x
- Dividend yield: 3.4 percent
4. Humana (HUM)
Humana is a health insurer headquartered in Louisville, Kentucky with about 17 million members in its medical benefit plans and 5 million members in its specialty products at the end of 2023. Humana generated $106.4 billion in 2023 revenue.
- Stock price: $350.52
- 52-week low: $342.69
- Price-earnings ratio: 17.5x
- Dividend yield: 1.0 percent
5. Philip Morris International (PM)
Philip Morris sells cigarettes and smoke-free products in more than 180 countries outside the U.S. Though the company still generates significant profits from sales of tobacco-related products, it’s moving towards a greater focus on smoke-free products that, while not risk-free, present less of a health risk than cigarettes.
- Stock price: $89.37
- 52-week low: $87.23
- Price-earnings ratio: 17.8x
- Dividend yield: 5.8 percent
6. VeriSign (VRSN)
Verisign is a provider of critical internet infrastructure and domain name registry services. The company operates two of the thirteen global internet root servers and provides registration services for the .com and .net top-level domains. Verisign reported $1.5 billion in 2023 revenue and just over $1 billion in operating profit.
- Stock price: $194.99
- 52-week low: $188.44
- Price-earnings ratio: 24.7x
- Dividend yield: n/a
7. C.H. Robinson Worldwide (CHRW)
C.H. Robinson Worldwide is a global logistics company that connects customers, carriers and suppliers to help grow supply chains. The company handled about 19 million shipments and worked with over 90,000 customers in 2023, generating $17.6 billion in revenue.
- Stock price: $72.94
- 52-week low: $71.29
- Price-earnings ratio: 26.8x
- Dividend yield: 3.3 percent
8. Kimberly-Clark Corp. (KMB)
Kimberly-Clark is a consumer goods company that sells a variety of personal care products including Huggies diapers, Pull-Ups, Kleenex and more. The products tend to be less impacted by the economic cycle than more cyclical stocks. The company generated $20.4 billion in 2023 revenues and has paid a quarterly dividend each year since 1935.
- Stock price: $121.79
- 52-week low: $116.32
- Price-earnings ratio: 23.4x
- Dividend yield: 4.0 percent
9. Fox Corp. (FOX)
Fox is a news, sports and entertainment company that owns the Fox News Media, Fox Sports, Fox Entertainment and other media brands. Fox generated $14.9 billion in revenue during its 2023 fiscal year, which ended June 30.
- Stock price: $27.05
- 52-week low: $26.20
- Price-earnings ratio: 15.8x
- Dividend yield: 1.9 percent
10. Charter Communications (CHTR)
Charter Communications is a broadband connectivity provider and cable company that serves more than 32 million customers across 41 states. Charter generated $54.6 billion in revenue in 2023.
- Stock price: $292.30
- 52-week low: $276.49
- Price-earnings ratio: 9.8x
- Dividend yield: n/a
Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.
