Are these beaten down ASX shares in the bargain bin?

So far this year the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has fallen approximately 5% as global trade war fears weigh heavily on investor sentiment.

Unsurprisingly this has led to a number of shares sinking lower. Some have even fallen so much they are trading at 52-week lows now.

Three that have reached this unwanted level are listed below. Are they in the bargain bin?

The BWX Ltd (ASX: BWX) share price sank to a 52-week low of $4.52 on Tuesday. This means that the personal care company’s shares have lost 45% of their value since peaking at $8.19 in January. The catalyst for this decline was a weaker-than-expected half-year result which has left investors questioning whether its recent acquisitions will be as successful as first hoped. While at 22x trailing earnings its shares are by no means cheap yet, they do look attractive to me. Though, investors may want to hold out for signs that they have bottomed before buying.

The G8 Education Ltd (ASX: GEM) share price hit a 52-week low of $2.64 on Tuesday. Investors have been heading to the exits after the childcare operator posted weaker occupancy levels at its centres than the market was expecting in February. While this has left G8 Education’s shares trading at a reasonable 13x trailing earnings, I won’t be a buyer of its shares until there is some consistency in its performance.

The Myob Group Ltd (ASX: MYO) share price touched a new 52-week low of $2.99 during trade on Tuesday. Investors appear to have been left disappointed by news that the ACCC is concerned with its acquisition of Reckon Limited (ASX: RKN). The competition board believes the acquisition would lead to a monopoly, casting doubt on the probability of a deal being made. I don’t think that MYOB’s shares are particularly cheap at 27x earnings and feel investors can find better value for money elsewhere in the industry.

These top stocks, for example, could be much better options.

Top 3 Blue Chips For April

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BWX Limited. The Motley Fool Australia has recommended G8 Education Limited. 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. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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