Bottom-picking stocks to buy is one of the most difficult strategies in trading and investing. It is a direct antithesis to the adage, “the trend is your friend, until it bends.” While not for the faint of heart, bold investors are rewarded with the potential to be rewarded exponentially for the risk they are taking.
Bottom-picking is risky and not something you should always do as an investor. But if you were to do it, here’s are a few ways to mitigate those risks. For example, you can consider quality companies that are otherwise getting battered by sellers and are trading at their 52-week lows.
So, today, I’ll show you three stocks doing just that. To get my list, I used the filter below: Stock trades near its 52-week low, Minimum buy rating from analysts, and Earnings and revenue growth in the last fiscal year. Getting buy-rated stocks means analysts see potential recovery in the future.
The revenue growth metrics also indicate that the companies are doing relatively well. This list represents the “best three” from the screen. I arranged it based on how far each stock is from its 52-week low, from highest to lowest.
Microvast Holdings (MVST) The growing demand for EVs has spotlighted companies like Microvast Holdings (NASDAQ: MVST ). Microvast specializes in advanced battery technology, wherein it builds and develops battery systems used in utility-scale energy storage systems and electric commercial vehicles. The company has created various proprietary techno.
