Looking for dividend stocks with big rebound potential? We ran a screen with this in mind.
We ran a screen for stocks that yield at least 2.75% across various industries. To help assure we select names with a bright futures we also screened for stocks that have a rating of "Buy" or better by sell-side analysts. For this we used Zack's average analyst ratings (see interactive chart below). We also screened for companies with a low short interest, suggesting traders are optimistic about near-term performance.
Finally, we looked for stocks that were trading within 10% of their 52-week lows.
We only focused on companies in the U.S., and to find the most liquid companies we searched for those that have a market capitalization of at least $300 million.
Interactive Chart: Press Play to compare changes in market cap over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Data sourced from Finviz.
Tool provided by Kapitall.
We were left with 4 names, listed in detail below. You will notice that we included the PEG ratio (price/earnings to growth ratio) for your review. This will help you determine the value of the stock given the expected growth for the company.
Do you think you could benefit from these highly recommended dividend stocks trading near 52-week lows?
1. Harris Teeter Supermarkets, Inc. (NYSE:HTSI): Market cap at $1.88B, most recent closing price at $38.04. PEG ratio at 1.55. Dividend yield at 1.47%. Float short: 4.4%. The stock is currently trading 8.1% above its 52-week low.
2. Invacare Corporation (NYSE:IVC): Designs, manufactures, and distributes medical equipment and supplies for the non-acute care environment, including the home healthcare, retail, and extended care markets. Market cap at $463.98M, most recent closing price at $14.09. Dividend yield at 0.35%. Float short: 4.9%. The stock is currently trading 9.32% above its 52-week low.
3. The Marcus Corporation (NYSE:MCS): Operates theatres, and hotels and resorts. Market cap at $314.88M, most recent closing price at $10.96. PEG ratio at 1.09. Dividend yield at 3.1%. Float short: 3.32%. The stock is currently trading 6.4% above its 52-week low.
4. SJW Corp. (NYSE:SJW): Engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. Market cap at $441.63M, most recent closing price at $23.68. PEG ratio at 1.39. Dividend yield at 2.96%. Float short: 2.05%. The stock is currently trading 9.2% above its 52-week low.
Data sourced from Zacks and Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Business relationship disclosure: Business relationship disclosure: Kapitall is a team of analysts. This article was written by Sabina Bhatia, one of our writers. We did not receive compensation for this article (other than from Seeking Alpha), and we have no business relationship with any company whose stock is mentioned in this article.