Good evening, Buy low and sell high is easy enough to understand. Buying stocks when they're on sale is a proven way to build wealth over time.
Traders frequently target cheap stocks that trade near their 52-week lows as quick trades because of the opportunity for quick price movement. However, many of these stocks present opportunities for long investors to "buy the dip." In this special presentation, we're offering you seven stocks trading under $50 per share. And at the time of this writing each of the stocks was trading at or near its 52-week lows. Stocks under $50 appeal to investors because they can accumulate a significant number of shares with a small position. Of course, price and value are different, and not every stock that trades for under $50 is a buying opportunity. However, many stocks are cheap for a reason. That's particularly true of stocks with prices of $50 or lower. Frequently, when you look under the hood, investors can find reasons to stay away. On the other hand, there are times when these stocks get caught up in a greater market sell-off. By definition, these aren't blue-chip stocks that investors regard as forever stocks. However, they can still have a solid growth story that investors choose to ignore for various reasons. When these stocks show signs of being undervalued, as do the stocks on this list, buying them when they're trading around their 52-week low offers investors a chance for significant upside. A stock's 52-week range is largely seen as a key technical indicator that is instructive for future price performance. If a stock is trading at a 52-week low but is supported by solid fundamentals that suggest it is overvalued, they are frequently a buying opportunity. View the 7 Stocks Under $50 to Buy at 52-Week Lows The Early Bird Team
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