I have always stated that stocks should not be bought just because they trade at a 52-week low. A new 52-week low does not make a particular stock cheap.
In today's video I will look at three dividend stocks trading at their 52-week lows and examine their metrics to determine if the stock is cheap or not. One of those stocks is Pfizer (PFE 0.83%).
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*Stock prices used were end-of-day prices of Dec. 7, 2023. The video was published on Dec. 8, 2023.