Bullish 52-Week Low Stocks: StockPick Whiz Kid
When playing the stock market, the young investor wants to grab a stock as low as possible and then hold it until a comfortable profit margin is met.
One of the best times to buy a stock is during it`s 52 week-low. This information is given to you on most trading platforms, showing you a stock's 52-week high and low. A lot could be obtained from just the weekly highs and lows because of the reactions from the street and continual information being released by analysts.
There are many companies on the exchanges that had an unfortunate amount of bad luck, but this doesn't mean that they are in a selling dispositions. Apple Inc. (AAPL) was a perfect example. In the early 2000s this stock was stretching $7.00 a share, compared to its current value of $500 a share. Investors made a fortune and only because they bought at the right time. Many say that it was luck, but if you see potential in a stock and believe in the product a company is creating, then the investment is evident.You too could buy stocks at lows and sit on the investment until a great profit is reached. Below are companies for you to look into more closely that are currently near or on their 52-week lows. -Fox Factory Holding Inc. (FOXF) is a company that is hitting its 52- week low at a price of $17.00 per share. Fox manufactures, produces and markets mountain biking, dirt biking, snowmobile and various other power sports equipment and gear. Located in Scotts Valley, California, this holding declined rapidly after its IPO release on August 8, 2013 but has the potential to grow because of the large credibility and stake they have in their sector. -Alcoa Inc. (AA) is a metals company that is currently at $8.10, near its 52-week low of $7.63. Alcoa is the classic "back bone of America stock" and was founded in 1888. With an $8.69 billion market cap, this company specializes in the aluminum sector. It is located around the globe with production and sales plants. When the industrial and transportation markets start to pick up again, so will Alcoa due to the large amounts of aluminum that are needed.
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