21.11.2024 10:57:00
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3 Growth Stocks Trading Near Their 52-Week Lows to Buy Right Now
There are plenty of growth stocks trading at obscenely high valuations right now. Part of the reason for that is the current enthusiasm for all things artificial intelligence (AI)-related. Some of those high valuations are because AI has sent some stock prices skyrocketing. However, there are other growth stocks out there being overlooked in the meantime.If you're on the hunt for some deals and are willing to be patient, three overlooked stocks you should consider loading up on right now are AstraZeneca (NASDAQ: AZN), United Parcel Service (NYSE: UPS), and Dollar Tree (NASDAQ: DLTR). Each of these stocks is trading near 52-week lows and each has the potential to be a great buy down the road.Shares of AstraZeneca finished last week just a few dollars away from the stock's 52-week low of $60.47. The stock has been struggling despite a strong quarterly report this month. On Nov. 12, the company reported that its sales through the first nine months of the year were up by 19% (at constant exchange rates), totaling $39.2 billion. Its per-share earnings rose by 21% when factoring out foreign exchange. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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