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 Got $5,000? These 3 Stocks Are Near Their 52-Week Lows and Are Underrated Buys
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Alibaba Group, United Parcel Service (UPS), and AstraZeneca are three stocks that are near their 52-week lows and are considered underrated buys. Alibaba Group offers investors exposure to the Chinese market and is trading at a discounted valuation of less than 8 times its expected future profits. UPS, despite facing challenges in the logistics industry, is projected to see stronger demand in the long run as geopolitical conditions improve and e-commerce picks up. AstraZeneca, a top healthcare company, has a broad business with growth opportunities in multiple therapeutic areas and a modest valuation of less than 16 times its estimated future profits.

#StockInvesting #AlibabaGroup #UnitedParcelService #Astrazeneca #UnderratedStocks #52-weekLows

https://www.fool.com/investing/2024/02/10/got-5000-these-3-cheap-stocks-are-near-their-52-we/