Investors love an attractive bargain.
Especially so when it comes to finding cheap stocks to buy for the long-term.
As the coronavirus swept across the world in March, it led to a sharp and sudden market crash that culminated in one of the swiftest bear markets in history.
Nearly all stocks across the board were sold down indiscriminately, including blue-chip companies.
The resultant panic pushed the stock prices of numerous companies down to 52-week, or in some cases, even 5-year, lows.
With bargains galore, investors can sit back and pick and choose which companies they wished to buy.
However, not all cheap stocks are bargains, as some may turn out to be value traps.
Here are three blue-chip companies that continue to trade near their 52-week lows. Investors need to decide if they constitute bargains.