There are stocks hitting 52-week lows every week, and blue chip stocks are no exception.
A caveat, though.
Many companies that are trading at year-lows may turn out to be value traps for the unwary.
Investors should, therefore, start their search by focusing on blue-chip names as these businesses tend to have a long operating track record.
In addition, businesses that pay out dividends also allow you to receive a return while waiting for the business to recover.
Here are four dividend-paying blue chips that are trading near their 52-week lows.
Venture Corporation Limited (SGX: V03)
Venture Corporation is a global provider of technology products, services and solutions.
The group employs more than 12,000 people worldwide and manages a portfolio of more than 5,000 products and solutions.
Venture’s share price closed at S$18.46 recently, close to its 52-week of S$18.10 on 14 May.
The group had reported a respectable set of earnings for its fiscal 2021 first half (1H2021).