25 Stocks Down 20% That Could Be Steals

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FedEx Corp. (NYSE: FDX) was last seen trading at $211.04, down over 23% from its 52-week high of $274.66. Its current market cap is $56 billion, and its new share price comes with a dividend yield of 1.2%. Another one of the top transporters of goods is seeing a slowing expectation in results that simply has not yet arrived in the real numbers. Analysts are still expecting growth ahead.

AT&T Inc. (NYSE: T) was last seen trading at $29.64, down over 25% from its 52-week high of $39.33. Its current market cap is $215 billion, and its new share price comes with a dividend yield of 6.9%. AT&T is no longer the same defensive telecom player that it used to be, and the acquisition of DirecTV and Time Warner have not yet turned into the defensive powerhouse that AT&T and value investors have hoped for. Sadly, AT&T shares were well above $40 back in 2016.

Deere & Co. (NYSE: DE) was last seen trading at $130.56, down over 26% from its 52-week high of $175.26. Its current market cap is $42 billion, and its new share price comes with a dividend yield of 2.1%. Deere has suffered with other industrial, trade war and infrastructure names. Despite the major correction, analysts are still looking for growth in 2018 and 2019.

Carnival Corp. (NYSE: CCL) was last seen trading at $54.07, down over 26% from its 52-week high of $72.70. Its current market cap is $38 billion, and its new share price comes with a dividend yield of 3.7%. The top cruise line has suffered from higher oil prices, but that has abated some in recent weeks. Still, if any slowing in the economy lasts, it will show up in lower travel spending. That’s the notion behind this anyhow.

Colgate-Palmolive Co. (NYSE: CL) was last seen trading at $57.88, down over 26% from its 52-week high of $77.91. Its current market cap is $50 billion, and its new share price comes with a dividend yield of 2.8%. Aren’t consumer products supposed to be defensive in a down market? Colgate shares are witnessing serious technical breaks under key support levels, and it still trades at 19 times expected earnings.

Amazon.com Inc. (NASDAQ: AMZN) was last seen trading at $1,538.88, down over 25% from its 52-week high of $2,050.50. Its current market cap is $752 billion. Is it possible that a whopping $250 billion can come out of a stock market value that fast? Yep. Just being a tad short of revenue expectations means that investors wanted perfection from the high-beta leader. Acquiring Whole Foods was a game-changer, and AWS is expected to have growth as long as the eyes can see. That said, expectations for boundless growth sometimes are hard to live up to — even for Jeff Bezos.

Monster Beverage Corp. (NASDAQ: MNST) was last seen trading at $51.32, down over 27% from its 52-week high of $70.22. Its current market cap is $28 billion. Getting a $2 billion investment in 2014 from Coca-Cola was supposed to translate into endless growth for this sports drink leader. That said, competition has become quite fierce in this beverage sector. It’s hard to scream “value stock” when Monster is still valued at 27 times blended 2018 and 2019 earnings.

Tyson Foods Inc. (NYSE: TSN) was last seen trading at $61.56, down over 27% from its 52-week high of $84.65. Its current market cap is $23 billion, and its new share price comes with a dividend yield of 2.0%. It turns out that being one of the world’s top chicken and meat suppliers doesn’t make it immune during trade wars. Despite serious slowing growth trends, Tyson is valued at just over 10 times expected current year earnings.

Dollar Tree Inc. (NASDAQ: DLTR) was last seen trading at $83.79, down over 28% from its 52-week high of $116.65. Its current market cap is $20 billion. It has to hurt when almost every item your store sells comes from overseas in a world that is becoming paralyzed by more tariff fears. Still, this dollar store giant is supposed to be somewhat defensive for investors, but it isn’t yet acting that way.

Northrop Grumman Corp. (NYSE: NOC) was last seen trading at $256.30, down over 29% from its 52-week high of $360.88. Its current market cap is $44 billion and its new share price comes with a dividend yield of 1.8%. Many defense giants are considerably down from highs. That said, military spending is expected to continue and the world doesn’t seem any nicer of place than a month ago.

3M Co. (NYSE: MMM) was last seen trading at $185.79, down over 28% from its 52-week high of $259.77. Its current market cap is $108 billion, and its new share price comes with a dividend yield of 2.9%. 3M has run into serious issues around earnings now, and Wall Street may be feeling that the company is just too diversified to grow as it used to. Still, 3M has been in the list of companies with endless dividend growth, and very few investors expect that to end despite the past two earnings hiccups.

Southwest Airlines Co. (NYSE: LUV) was last seen trading at $47.91, down over 28% from its 52-week high of $66.99. Its current market cap is $27 billion, and its new share price comes with a dividend yield of 1.3%. Airlines have not exactly been enjoying some of the great growth metrics in 2018, and Southwest has had a bad year. Despite higher jet fuel costs, the company is supposed to have some oil hedging in place. This is still valued at higher earnings multiples than peers, but 10 times expected 2019 earnings doesn’t exactly sound crazy for a top airline that is still predominantly a U.S. carrier.