3 Stocks Trading at 52-Week Lows — Is This the Bottom?

Bell Aliant, Liquor Stores N.A and Rogers Sugar hit yearly lows.

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The Motley Fool

Another week of 2014 is in the books, and for these three companies trading at 52-week lows, it was a week to forget.

Bell Aliant (TSX:BA)

Bell Aliant is a subsidiary of BCE (TSX: BCE, NYSE:BCE) that operates exclusively in Eastern Canada under the banners Bell Aliant, NorthernTel, and Télébec. Bell Aliant took a tumble on February 5 when the stock dropped to a 52-week low of $24.79. Contributing to this drop may have been the drop in Q4 revenues posted last week, dropping from $695 million in 2012 to $689 in 2013. However reported net earnings did rise by $3million over last year to $69 million for Q4 2013.

Liquor Stores N.A (TSX:LIQ)

North America’s largest publicly traded liquor retailer fell off the wagon on February 5 when the stock hit a 52-week low of $11.65. Triggering this drop was a Liquor Policy Review Report from the British Columbia Ministry of Justice, which recommended introducing liquor sales into grocery stores. This would be a major hit for Liquor Stores N.A, which operates 36 wine and liquor stores in the province. Analysts at National Bank Financial cut their target for the stock down from $15 to $13 per share, far below the 52-week high of $19.30.

Rogers Sugar Inc. (TSX:RSI

For the second week in a row, Rogers Sugar hit a new 52-week low, dropping down to $4.28 on February 3. Rogers Sugar is continuing to feel the effects from analyst’s downgrades and a poor Q1 report. The 22% drop in earnings, and lower margins in its consumer segment continues to drive away investors and add a flavor of uncertainty to the company.

Foolish bottom line

The market is full of highs and lows and savvy investors know when to jump on a good deal. For these companies a week like this could turn into an opportunity for investors, if they can ride out the waves of the market.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Cameron Conway does not own any shares in the companies mentioned.

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