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 scrutinize their metrics to ascertain if the stock is cheap or not. One of those stocks is Pfizer (PFE 0.52%).
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*Stock prices used were end-of-day prices of Dec. 7, 2023. The video was published on Dec. 8, 2023.
Mark Roussin, CPA has positions in Bristol Myers Squibb and Deere. The Motley Fool has positions in and recommends Bristol Myers Squibb and Pfizer. The Motley Fool recommends Deere. The Motley Fool has a disclosure policy.
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