3 Magnificent Stocks to Buy That Are Near 52-Week Lows
These three household-name dividend stocks are hovering near 52-week lows. Here's why they could be smart buys now.
Overview
Shares of PepsiCo (NASDAQ: PEP), Kroger (NYSE: KR), and McDonald's (NYSE: MCD) are trading within about 10% of their 52-week lows. Higher prices have squeezed consumers' spending power, making it harder for companies to drive meaningful growth.
Still, these businesses have produced relatively solid results despite the headwinds. Their discounted valuations and dividend yields could make them rewarding long-term investments.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
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.