Stocks that trade at or near their 52 week lows could provide investors a list of stocks that could be cheap, but that alone does not warrant a cheap stock. As such, in today’s video we will look at these 3 popular companies to see if they are cheap from a valuation perspective or rather cheap for a reason.
A low stock price does not necessarily translate to a cheap stock. One of those stocks trading at a 52wk low is McDonald’s Corp (NYSE: MCD).
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*Stock prices used were end-of-day prices of July 5, 2024. The video was published on July 6, 2024.
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Mark Roussin, CPA has positions in Bristol Myers Squibb & McDonald’s. The Motley Fool has positions in and recommends Bristol Myers Squibb. The Motley Fool has a disclosure policy.
Mark Roussin, CPA has positions in Starbucks. The Motley Fool has positions in and recommends Costco Wholesale, Nvidia, and Starbucks. The Motley Fool has a disclosure policy. Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.