Image: Bigstock

Despite the major stock indexes trading not far off their highs, some stocks have sold off and are now trading near their 52-week lows.

Could there be some deals among those that are being discarded by Wall Street?

Screening for Stocks on Sale

Zacks stock screener allows you to screen for stocks that are near their 52-week lows.

Market cap is important as microcap stocks are more volatile so Tracey cut off market cap at $500 million.

The Zacks Ranks of #1 (Strong Buy), #2 (Buy) or #3 (Hold) were also added in order to find companies with rising or stable earnings estimates.

This screen returned 135 stocks.

5 Stocks on Sale

1. AT&T (T - Free Report) shares have fallen 11.4% year-to-date and are trading not only at 52-week lows, but also 11-year lows. It’s a favorite of those looking for income, however, and it now trades with a dividend-yielding a juicy 8%. Is it a deal?

2. Verizon (VZ - Free Report), another income favorite with a 4.8% yield, has also sunk 12.6% this year. Over the last 5 years, it has fallen 2.1% while the S&P 500 was up 104%. Time to buy?

3. Amgen (AMGN - Free Report) is trading near its 52-week lows as shares have fallen 11.8% this year. It also pays a nice dividend, yielding 3.4%. Is it time to take a look at some of the drug companies?

4. Poshmark (POSH - Free Report) went IPO earlier this year. Shares have plunged 72%, however, and are now at all-time lows. With sales expected to be up 25% this year and next, is it a steal?

5. The Real Real (REAL - Free Report) is another stock that is being discarded by the Street. Shares of this online market for luxury resale goods are down 42% year-to-date. Sales are expected to soar 48.3% this year and another 29% next year. Should investors be taking a look?