I often tell people, just because a stock is trading at a 52-week high does not mean you shouldn't buy it. The same goes for stocks at 52-week lows, meaning you shouldn't automatically rush to buy it. What should happen is investors make decisions based on valuation and internals of the company.
In today's video, I am going to go through three stocks trading at 52-week lows and show you their current valuations and forward prospects. This does not mean they will shoot up right away, but you will know the price you are buying and the obstacles ahead. One of those companies is Adobe (ADBE 0.86%).
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*Stock prices used were end-of-day prices of Jan. 10, 2025. The video was published on Jan. 11, 2025.