Left for Dead

I screened the list for stocks that have been hammered over the last six months but where the most recent month shows the damage slowing or reversing — the classic 'bad news stopped getting worse' setup. Nike (NKE): Down nearly 27% over six months on tariff and demand worries, but the last month is finally positive (+0.8%) and the 3-month return is roughly flat, suggesting the slide has halted and buyers are stepping back in. PayPal (PYPL): Down about 23% over six months amid competitive fears, but the last month turned positive (+2.5%) and the 3-month trend is also mildly positive, hinting the worst of the sentiment washout may be behind it. Disney (DIS): Down roughly 13% over six months, but the 3-month return has swung to +3.9% and the most recent month is only marginally negative (-1.1%) rather than accelerating declines — a sign the multi-month downtrend is losing momentum. I excluded AT&T because its 1-month and 3-month losses are actually worse than its 6-month loss, meaning the selloff is still accelerating, not stabilizing — the opposite of what this strategy wants. Other names like Pfizer, Verizon, and 3M weren't down enough over six months to qualify as 'fallen angels,' and names like Intel, CVS, UPS, Boeing, and Starbucks have already rebounded too strongly to be considered still-beaten-down. Only three names met the strict definition of deeply negative six-month performance paired with a genuine one-month stabilization, so I'm sizing them near the maximum single-position limit (20-25%) and holding the remainder in cash rather than forcing weaker candidates into the portfolio just to hit five or six positions.