One of the most popular screeners for stocks to buy is looking at companies trading at 52-week lows. This is a common practice that echoes the well-known phrase of “buy low, sell high”. Ultimately, if investors can time buying stocks at their bottoms, there should be gains to follow. While that is not always the case, many large-cap stocks can be picked up on sale at 52-week lows due to a number of reasons, including weak earnings or guidance, or performance of peers.
here are three stocks to buy that are trading near their 52-week lows. The three stocks come from different sectors and come with different reasons to buy. Each of these stocks has seen its shares fall despite a strong reason to be optimistic.
With that in mind, take a look at these battered stocks to buy because they should have strong second halves in 2017.
Prices and data are from the original InvestorPlace story published on June 26, 2017. Click on ticker-symbol links in each slide for current prices and more.