3 Dividend Stocks Worth Buying Near Their 52-Week Lows
Go against the grain with these oversold, undervalued, and high-yielding dividend stocks.
Overview
While the broader stock market has continued to trend higher over the past few weeks, quite a few dividend stocks have sold off, hitting new 52-week lows. In some cases, these downward moves are justified, given negative developments and/or increased risks that these stocks could become yield or value traps.
But for these three stocks, investors appear to be overreacting, at least when it comes to near-term issues for British American Tobacco (NYSE: BTI), L3Harris Technologies (NYSE: LHX), and NextEra Energy (NYSE: NEE), and to how they really affect these companies' long-term prospects.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.