When all three major indices are reaching multi-year highs and almost every stock seems to be over-bought, it is hard to find bargain investments. This article lists three stocks that are trading near their 52-week lows. Cheap does not equal value always as some stocks are cheap because they deserve to be. Some stocks are cheap due to temporary hiccups and it is such stocks that long-term investors should buy.
It is certainly not an understatement to say investors are fearful of these three stocks: Apple (AAPL), Freeport-McMoRan (FCX), and Lorillard (LO). When everyone starts selling their winners that are overvalued, they will start looking for these kind of bargain stocks. You may want to be in such stocks a bit ahead of the crowd.
Source: Seeking Alpha
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Posted by D4L | Thursday, March 14, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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