When it comes to investing, it is important for investors to perform due diligence ahead of time, as you never know when opportunities will present themselves. In today’s video, we will look at three stocks that have been trending lower near their 52-week lows. I will give my reasons for targeting the stocks and discuss their current valuations. One of the companies we will look at is Starbucks Corporation (NASDAQ: SBUX).
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*Stock prices used were end-of-day prices of June 12, 2024. The video was published on June 22, 2024
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Mark Roussin, CPA has positions in Starbucks. The Motley Fool has positions in and recommends Nike and Starbucks. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. 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.