Bear Market Bargains: 2 Stocks Near Multi-Year Lows That Are Red-Hot Buys
If you're hunting hot deals in the market these days, simply looking for stocks at 52-week lows may not be enough given how overpriced stocks were a year ago. Instead, you may want to consider stocks that are trading near multi-year lows.
Two such stocks to consider right now are Medtronic (NYSE: MDT) and Alibaba Group Holdings (NYSE: BABA). These businesses have solid fundamentals, and although they have been struggling of late, investors shouldn't count them out just yet.
Medtronic provides investors with a great way to gain exposure to the healthcare industry. Its medical devices have helped millions of patients around the globe, assisting them with over 70 different health conditions. And with a presence in 150-plus countries, the business is well-diversified.
Source Fool.com
