2 Stocks to Buy Near Their 52-Week Lows
Recent developments have led to significant declines in the stock prices of Pinterest (NYSE: PINS) and (NYSE: ZTS). Due to company-specific issues, both are currently not that far from their 52-week lows. The good news, though, is that Pinterest and Zoetis may be able to recover from their recent woes and deliver strong returns over the long run, which would make them steals at current levels.
Let's examine why these companies, despite recent setbacks, may still be worth it for investors focused on the long term.
Pinterest, a leading social media company, saw its stock price plummet following the release of its third-quarter earnings. The company's results weren't bad, but they fell short of the market's expectations, particularly on the bottom line. Pinterest's revenue grew by a strong 17% year over year to approximately $1 billion. Earnings per share were $0.13, up significantly from the $0.04 reported in the year-ago period but not as high as analysts wanted.
Source Fool.com
Zoetis Inc. A Aktie
Die Zoetis Inc. A Aktie verzeichnet starke Buy-Einschätzungen ohne jegliche Sell-Einschätzungen.
Bei einem Kursziel von 179 € ergibt sich ein stark positives Potenzial von 70.83% für Zoetis Inc. A im Vergleich zum aktuellen Kurs von 104.78 €.
