In a great year for stocks, it’s easy to get caught up in the rush and pile into the latest fashionable trades. But what goes up often comes back down, and it can be quite costly to buy a stock that has already jumped 100% or 200% and then comes crashing back to earth.
There’s no surefire way to invest profitably, but the old notion of buying low and selling high still has merit. Yes, some dogs are doomed to underperform. But there are also plenty of big rebound stories each year that deliver gains that are almost as impressive as the profits provided by the biggest growth stocks.
If you’re looking for a bargain investment instead of a red-hot company that may overheat soon, the following seven stocks all trade at or near their 52-week lows but still have some good things going for them that hint a potential rebound is possible.
This post originally appeared at U.S. News & World Report.