Image Source: Alexmit/Depositphotos

One way to make quick and big gains is to invest in quality stocks that are down significantly. Since these are quality stocks, they should eventually move up, and in turn, provide attractive gains to investors. The biggest challenge, however, is identifying stocks that are down significantly and are strong fundamentally as well. To help you select, detailed below are the 10 biggest stocks with a new 52-week low.

10 Biggest Stocks with a New 52-Week Low

We have only considered stocks with a market capitalization (as of Jan. 27, 2023) of more than $300 million for our list, and we have used data from finviz.com to develop this list. We have ranked the 10 biggest stocks with a new 52-week low on the basis of their market capitalization. Thus, here are the 10 biggest stocks with a new 52-week low.

10. Horizon Bancorp, Inc. (HBNC)

Founded in 1873 and headquartered in Michigan City, Ind., it is a bank holding company that offers commercial and retail banking services. Horizon Bancorp, Inc. shares are down by almost 2% year-to-date, bringing their 12-month return to -29%.

Horizon Bancorp shares have recently been seen trading at around $14.73 with a 52-week range of $14.45 to $21.44, giving the company a market capitalization of more than $640 million.

9. Washington Trust Bancorp, Inc. (WASH)

Founded in 1984 and headquartered in Westerly, R.I., this is a bank holding company that offers financial services. Washington Trust Bancorp, Inc. shares are down by almost 12% year-to-date, bringing their 12-month return to -27%.

Washington Trust Bancorp shares have recently been seen trading at around $41.85 with a 52-week range of $41.30 to $58.02, giving the company a market capitalization of more than $718 million.

8. ConnectOne Bancorp, Inc. (CNOB)

Founded in 1982 and headquartered in Englewood Cliffs, N.J., this company offers personal and commercial business loans. ConnectOne Bancorp, Inc. shares are down by almost 8% year-to-date, bringing their 12-month return to -34%.

ConnectOne Bancorp shares have recently been seen trading at around $22.16 with a 52-week range of $21.35 to $34.23, giving the company a market capitalization of more than $860 million.

7. Customers Bancorp, Inc. (CUBI)

Founded in 1997 and headquartered in West Reading, Pa., this company offers banking services through its subsidiary, Customers Bank. Customers Bancorp, Inc. shares are down by over 5% year-to-date, bringing their 12-month return to -53%.

Customers Bancorp shares have recently been seen trading at around $28 with a 52-week range of $25.13 to $65.48, giving the company a market capitalization of more than $900 million.

6. Granite Ridge Resources, Inc. (GRNT)

Founded in 2022 and headquartered in Dallas, Texas, this one is a blank check company. Granite Ridge Resources, Inc. shares are down by almost 16% year-to-date, bringing their 12-month return to almost -23%.

Granite Ridge Resources shares have recently been seen trading at around $7.71 with a 52-week range of $7.50 to $14.00, giving the company a market capitalization of more than $1 billion.

5. Veritex Holdings, Inc. (VBTX)

Founded in 2009 and headquartered in Dallas, this company provides commercial banking products and services. Veritex Holdings, Inc. shares are down by almost 4% year-to-date, bringing their 12-month return to almost -32%.

Veritex Holdings shares have recently been seen trading at around $27.45 with a 52-week range of $25.99 to $41.75, giving the company a market capitalization of more than $1.4 billion.

4. Sandy Spring Bancorp, Inc. (SASR)

Founded in 1868 and headquartered in Olney, Md., this company provides commercial banking, retail banking, and trust services. Sandy Spring Bancorp, Inc. shares are down by over 6% year-to-date, bringing their 12-month return to -29%.

Sandy Spring Bancorp shares have recently been seen trading at around $33.94 with a 52-week range of $31.49 to $48.73, giving the company a market capitalization of more than $1.5 billion.

3. Community Bank System, Inc. (CBU)

Founded in 1983 and headquartered in DeWitt, N.Y., this company offers retail, business, and municipal banking services. Community Bank System, Inc. shares are down by over 12% year-to-date, bringing their 12-month return to -23%.

Community Bank System shares have recently been seen trading at around $55.87 with a 52-week range of $54.63 to $74.05, giving the company a market capitalization of more than $3 billion.

2. Virtu Financial, Inc. (VIRT)

Founded in 2008 and headquartered in New York City, this company offers market making and liquidity services. Virtu Financial, Inc. shares are down by almost 6% year-to-date, bringing their 12-month return to almost -37%.

Virtu Financial shares have recently been seen trading at around $19.87 with a 52-week range of $18.41 to $38.63, giving the company a market capitalization of more than $3.3 billion.

1. National Fuel Gas Company (NFG)

Founded in 1902 and headquartered in Williamsville, N.Y., this company deals in natural gas. National Fuel Gas Company shares are down by over 9% year-to-date, bringing their 12-month return to -4%.

National Fuel Gas shares have recently been seen trading at around $57 with a 52-week range of $56.47 to $75.97, giving the company a market capitalization of more than $5.2 billion.

More By This Author: