DailyBubble News
DailyBubble News

Got $5,000? These 3 Growth Stocks Are Near Their 52-Week Lows

Buying growth stocks on the dip can be a smart strategy to secure future gains. While the current economy may not be favorable for all businesses, it is expected to recover in the long term. As the economy rebounds, growth stocks are likely to outperform.

Three stocks that have recently been undervalued by investors are Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Prologis (NYSE: PLD). All three are trading near their 52-week lows, presenting an opportunity for investors with $5,000 to consider investing in these stocks.

Apple’s stock, currently priced around $175, has seen an upward trend but remains close to its 52-week low of $164.08. Despite being down 9% year to date, Apple is trading at a reasonable multiple of 26 times its trailing earnings for a company of its caliber.

Investors looking to capitalize on potential growth should keep an eye on these stocks as they have the potential to deliver strong returns in the future.

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