This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Stocks Hitting 52-Week Lows

NEW YORK ( TheStreet) -- Credit card companies Visa (V - Get Report) and MasterCard (MA - Get Report) were among a small group of firms with stocks hitting fresh 52-week lows Monday morning, even as the major indexes rose around 1%.

Visa shares tumbled several points early in the session on high volume. Its shares touched as low as $65.70 before rebounding somewhat to $65.79. Visa shares have an outperform rating from equity research firm FBR Capital, and a buy rating from UBS (UBS) and Stifel Nicolaus.

Shares of MasterCard also traded on high volume, falling to $191 before pushing back up to $192.19. Mastercard shares have a buy rating from Deutsche Bank (DB), Argus Research, UBS and Credit Suisse (CS).

By market cap, the next largest company to touch fresh 52-week lows Monday morning was AsiaInfo-Linkage (ASIA), a Beijing-based telecommunications software provider, according to Barchart. The stock fell as low as $16.42 in early trading. It has a buy rating from Kaufman Brothers and a rating of outperform from Wedbush Securities.

AMAG Pharmaceuticals (AMAG - Get Report), a biopharmaceutical firm, saw its shares fall to $25.01 Monday morning before edging back up to $25.22. AMAG shares were downgraded to neutral from outperform by Robert W. Baird in late July. Citigroup (C) has had a buy rating on the stock since January.

Semiconductor maker Brooks Automation (BRKS - Get Report) shares fell to new low of $5.46 Monday morning. Chipmakers have been in focus after Texas Instruments (TXN) and National Semiconductor (NSM) lowered their quarterly outlooks last week, citing a slowing demand for PCs. The pair's revised guidance followed a similar revision from Intel (INTC) late last month.

>>China, Data, Politics Keys to Coming Week

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
TCHC $25.49 -1.62%
CSKI $0.06 -75.00%
AMAG $56.91 -5.20%
ASIA $11.99 0.25%
BRKS $10.95 0.46%


DOW 18,073.64 -6.50 -0.04%
S&P 500 2,114.74 -2.95 -0.14%
NASDAQ 5,071.74 -20.3450 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs