ZTS - 3 Blue-Chip Bargains Trading At 52-Week Lows
2024-05-02 07:00:00 ET
Summary
- Value investors have been frustrated as growth stocks have outperformed for the past 15 years.
- Value investing is a long-term strategy that requires patience and a focus on fundamentals.
- Three blue-chip stocks, Bristol-Myers, Zoetis, and Monster Beverage, are trading at 52-week lows and may be attractive opportunities for value investors.
- Bristol is trading at the best yield in 12 years, the dividend is not threatened by the patent cliff, and the company has 154% upside potential to fair value.
- Zoetis and Monster are firing on all cylinders and represent wonderful companies at fair to good valuations.
Value investors have been frustrated for years. "Growth has been in a bubble for 15 years thanks to the Fed!"
I've heard that from many value investors in the past few years.
Today, I wanted to explain why the value stock "bear market" isn't really a bear market and showcase three blue-chip bargains trading at 52-week lows that you might want to consider.
Three companies exemplify perfectly how it's always and forever a market of stocks, not a stock market.
3 Blue-Chip Bargains To Consider Trading At 52-Week Lows
YCharts
After falling from a peak of 5.9% over three weeks and 5% of that in the final week alone, the market appears to be recovering....
3 Blue-Chip Bargains Trading At 52-Week Lows