2 Magnificent Stocks to Buy That Are Near 52-Week Lows
The stock market is enjoying a nice bounce-back year. The S 500 has rallied nearly 20% this year, while the tech-heavy is up over 35%. Because of that, many stocks currently sit near their 52-week highs.
However, not all stocks have been in rally mode this year. Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) and NextEra Energy (NYSE: NEE) have fallen more than 20% over the past year and are currently trading closer to their 52-week lows. That makes them look like great buys right now, given how magnificent they've been at creating shareholder value over the years.
Shares of Brookfield Infrastructure have lost a quarter of their value over the past year and are down nearly a third from their 52-week high. They currently trade in the low $30s, not that far above their 52-week low of around $25 a share that they bottomed out at last month.
Source Fool.com
Brookfield Corp. Stock
We see a rather positive sentiment for Brookfield Corp. with 16 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.92% for Brookfield Corp. as the target price of 43 € is below the current price of 43.4 €.
