4 S&P 500 Stocks Just Made New 52-Week Lows

As of Friday, November 6, there are 4 S&P 500 stocks trading at their 52-week lows.

Coinbase Global (COIN), with a market value of about $35.5 billion, is the largest company on the list; its stock is down 21.7% over the past month and down 57.8% over the past year. Financials contributed the most names, 2 of the 4. For context, the S&P 500 is down 4.9% over the past month, including dividends.

The Full List, Largest First

Here are all 4 names, sorted by market capitalization, with returns over four windows:

What Sits Behind The Biggest New Lows?

Coinbase Global (COIN) saw revenue decline 26.6% over the last twelve months.

Axon Enterprise (AXON) trades at 98.1 times trailing earnings, grew revenue 33.6% over the last twelve months and offers a free cash flow yield of 0.3%.

Across the list, one-month moves range from -25.0% for Axon Enterprise (AXON) to -10.8% for Aptiv (APTV).

The median stock on the list is down 52.5% over the past year.

A 52-week-low list tells you where the pain is; it does not tell you which of these declines are worth buying. That second question is what our Buy the Dip screen answers, every day: beaten-down names where the fundamentals still hold up.

The Low List Is A Symptom. Own The Discipline Instead

Stocks land on this list for different reasons, and the businesses behind them are in very different shape; what they share is that the market's verdict arrived faster than any of them could answer it. Telling them apart name by name is unforgiving work.

That work is what the Trefis High Quality (HQ) Portfolio systematizes: about 30 quality businesses screened for the cash flow and balance-sheet strength that let a company fight through a bad year, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Read the list; own the discipline.