9 Stocks Plummet to 52-Week Lows Amid Market Volatility
Nine US and Canada-listed stocks are trading at their 52-week lows, with Nike (NKE) being the largest name on the list, valued at $57.2 billion.
The stock of Trade Desk (TTD) has plummeted 31.1% over the last month, while its revenue grew 11.6% over the last twelve months and free cash flow yield is 13.9%.
A similar disconnect between market price and business fundamentals appears in Aptiv (APTV), with a stock decline of 22.1% over the last month, despite its revenue growing 5.3% over the same period.
A disciplined investor should research each company before considering buying, as a 52-week low can mark either a permanently damaged business or a temporarily marked-down one.