Stock markets across the world have recovered at an unprecedented rate from their March lows. The recovery, however, was not consistent across the board. Some industries continue to be unloved by investors due to their deemed slow recovery.
Many stocks’ prices are trading at their 52 weeks low. Technically, 52 weeks low price levels are used as a support level for these stocks. It may be a trading opportunity for investors as these stocks may rebound higher.
Here are 3 stocks that are trading at or near their 52 weeks low.