Investing

Henry Schein, Patterson Sink into Tuesday's 52-Week Low Club

February 13, 2018: Here are four stocks trading with heavy volume among 70 equities making new 52-week lows in Tuesday’s session. On the NYSE advancers led decliners by about 3 to 2 and on the Nasdaq, advancers led decliners by about 4 to 3.

Weatherford International plc (NYSE: WFT) dropped about 8.4% Tuesday to post a new 52-week low of $2.62 after closing at $2.86 on Monday. The stock’s 52-week high is $7.09. Volume was around 33 million, about a third higher than the daily average of about 24 million. The company had no specific news.

Henry Schein Inc. (NASDAQ: HSIC) fell about 12.7% Tuesday to post a new 52-week low of $63.01 after closing at $72.18 on Monday. The 52-week high is $93.50. Volume of about 11 million was around 5 times the daily average. The dental supply company is the subject of a Federal Trade Commission antitrust complaint.

Patterson Companies Inc. (NASDAQ: PDCO) traded down about 12.6% Tuesday and posted a new 52-week low of $28.77 after closing Monday at $32.92. The stock’s 52-week high is $48.30. Volume was around 5.1 million, nearly three times the daily average. Another dental supplier hit with an antitrust complaint from the FTC.

HCP Inc. (NYSE: HCP) traded down about 3.8% Tuesday and posted a new 52-week low of $21.98 after closing Monday at $22.85. The stock’s 52-week high is $33.67. Volume was around 5 million, about 20% above the daily average of just 4.1 million shares. The company’s reported revenues were below expectations.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.