Below are 14 stocks trading near 52 weeks low in September 2022. Just like how I screened for Dividend stocks, the stock screener from Stocks Café can also easily find stocks that are trading near their 52 week low.
You can call these stocks fallen angels. The term “fallen angel” is often used to describe a stock that has fallen from its all-time highs.
Most investors will stay away from a stock when it’s share price suddenly plunges. This is not wrong because our psychological mindset tells us not to catch that falling knife.
Warren Buffett once said:
“Be fearful when others are greedy, and greedy when others are fearful.”
In my opinion, not every fallen angel stock is a bad stock. A fallen angel stock can be an opportunity for value investors. We should assess whether the factors that causes the plunge in share price of the company is temporary or permanent.
Earlier this month, disappointing inflation report released by the Bureau of Labor Statistics had sent the US stock market crashing. This means that rising interest rates is not working against controlling inflation. This will also meant a higher possibility that the Fed will continue to aggressively raise interest rates in the up coming months.
The Singapore stock market echoed the Wall Street’s market performance. Even though it did not crashed as badly, many stocks are already trading at their 52 weeks low.
Are these stocks an opportunity or crisis? You have to do your own further analysis.
14 Stocks Near 52 Weeks Low As Of 22nd September 2022
Name: Top Glove (SGX:BVA)
Market Capitalization: 1.6B
52 Week Range: $0.195 to $1.10
Closing Price: $0.196
Name: Great Eastern Holdings Ltd (SGX:G07)
Market Capitalization: 9.1B
52 Week Range: 19.22 – 22.15
Closing Price: $19.24
Name: Prime US Reit USD (SGX:OXMU)
Market Capitalization: 1B
52 Week Range: USD 0.595 to USD 0.885
Closing Price: USD 0.60
Name: Bukit Sembawang (SGX:B61)
Market Capitalization: 1.2B
52 Week Range: $4.73 to $5.35
Closing Price: $4.75
Name: UOB Kay Hian (SGX:U10)
Market Capitalization: 1.2B
52 Week Range: $1.38 to $1.67
Closing Price: $1.39
Name: Manulife Reit USD (SGX:BTOU)
Market Capitalization: 1.2B
52 Week Range: USD 0.465 to USD 0.745
Closing Price: USD 0.475
Name: Olam Group (SGX:VC2)
Market Capitalization: 5.4B
52 Week Range: $1.39 to $1.93
Closing Price: $1.41
Name: Wilmar International (SGX:F34)
Market Capitalization: 24.9B
52 Week Range: $3.93 to $4.89
Closing Price: $3.97
Name: StarHub Ltd (SGX:CC3)
Market Capitalization: 2B
52 Week Range: $1.17 to $1.4
Closing Price: $1.18
Name: Thai Beverage (SGX:Y92)
Market Capitalization: 15.8B
52 Week Range: $0.625 to $0.74
Closing Price: $0.63
Name: Sri Trang Agro (SGX:NC2)
Market Capitalization: 1.2B
52 Week Range: $0.75 to $1.44
Closing Price: $0.78
Name: Keppel DC Reit (SGX:AJBU)
Market Capitalization: 3.3B
52 Week Range: $1.87 – $2.54
Closing Price: $1.90
Name: F & N (SGX:F99)
Market Capitalization: 1.8B
52 Week Range: $0.75 to $1.44
Closing Price: $1.26
Name: IHH (SGX:Q0F)
Market Capitalization: 16.3B
52 Week Range: $1.83 to $2.25
Closing Price: $1.85