If you're aiming to "buy low and sell high," then it makes infinite sense to start your search with bargain-priced stocks. Regularly reviewing a list of stocks trading near their 52-week lows can be a great first step.

Here, I'll try to do the initial legwork for you. To prevent us from being inundated with scores of disparate companies, I'll conduct my search by industry. This will allow us to make some initial comparisons among semi-related companies.

Today, let's look at some beverage stocks. Below are 11 drink-related stocks that are within 20% of their 52-week lows as of yesterday's close and have market caps above $200 million.

Company

Recent Price

52-Week Low

52-Week High

P/E Ratio (trailing)

PepsiCo (NYSE: PEP)

$62.45

$60.10

$71.89

15.9

Molson Coors Brewing (NYSE: TAP)

$42.28

$40.52

$51.11

11.7

Coca-Cola Hellenic Bottling 
(NYSE: CCH)

$19.99

$19.58

$30.50

14.5

Cott (NYSE: COT)

$7.62

$6.90

$9.08

13.6

Vina Concha y Toro (NYSE: VCO)

$40.35

$35.62

$54.44

17.7

Coca-Cola Bottling Co. Consolidated (Nasdaq: COKE)

$54.54

$49.91

$76.32

13.8

Anheuser-Busch InBev 
(NYSE: BUD)

$52.89

$49.05

$64.77

18.1

Compania Cervecerias Unidas 
(NYSE: CCU)

$56.00

$49.88

$61.70

14.8

Dr Pepper Snapple Group 
(NYSE: DPS)

$37.43

$33.60

$43.13

15.9

Diageo (NYSE: DEO)

$76.84

$67.07

$85.53

16.1

Constellation Brands (NYSE: STZ)

$18.78

$16.42

$23.19

6.8

Source: Capital IQ, a division of Standard & Poor's, and Yahoo! Finance.

I always like seeing blue chip companies sitting near 52-week lows. Because of their consistency, Coca-Cola and Pepsi tend to trade within tight bands. However, it is interesting that Pepsi is so near its 52-week low while Coke is near its 52-week high.

The other stock that jumps out is wine and spirits maker Constellation Brands and its low 6.8 P/E ratio. As a caution, it doesn't have the consistent history of competitor Diageo. Constellation was quite unprofitable in fiscal 2008 and 2009.

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Anand Chokkavelu doesn't own shares of any company mentioned. The Motley Fool owns shares of PepsiCo, Coca-Cola, Molson Coors Brewing, and Diageo. Motley Fool newsletter services have recommended buying shares of Coca-Cola, Coca-Cola Hellenic Bottling, Diageo, PepsiCo, Compania Cervecerias Unidas, and Molson Coors Brewing. Motley Fool newsletter services have recommended creating a diagonal call position in PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.