The 52 Week Low List

The 52 Week Low List

Prospecting in Bad News

Digging where the surroundings are tranquil and pleasurable may prove to be as unrewarding as doing detective work from a stuffed chair. You’ve got to go unto places where other investors and especially fund managers fear to tread, or, more to the point, to invest.

Peter Lynch


The daily 52 week new low list published in newspapers everyday can be a very easy and quick way to get some fresh new investing ideas. It's an especially good thing to reference during market sell-offs where the baby often gets thrown out with the bath water. Now a lot of the stocks that show up on this list may deserve to be there and they often stay on the list off and on, for a long time but some stocks will only make a brief appearance and not show up again. It may pay to do a little research on these names. They often will appear during the quarterly earnings season when they have missed their numbers and get punished because of it. At other times there may be a selling capitulation as every one selling feeds off their own energy and dumps a stock into oblivion. At any rate a cool headed investor observing from the sidelines who doesn’t have any history with the stock can look at with an unbiased eye and maybe find something that the sellers can’t see as their emotional point of view blinds them from seeing past their own biases. Check the charts and volume patterns on these stocks to see if there are any useful market reference points that might offer further insight.

I found Maxar Technologies Ltd, symbol…MAXR on the new low list in March of this year. After doing a bit of research on it, I took a position in the stock. A few months later it was on the 52 week new high list…After the last couple of days it may revisit the 52 week new low list again…efficient market anyone? At any rate I see it as a long term hold but that’s another story and another blog post.

On this Monday past, I noticed some new interesting names on the list…CI Financial Corp, symbol…CIX and Boralex Inc, symbol…BLX as well as Sleep Country Canada Holdings Inc, symbol…ZZZ.

All three of these names look interesting to me and I think I will do some further research on them and see what I can come up with. The stock market offers the investor at home the chance to play detective and ferret out those investing opportunities that other people in their haste have given up on. It is the Rolls Royce of hobbies that offers the investor who is willing to learn and apply himself an empowering experience where he can take the wheel and steer his own ship.