Buying the dip is not a simple trading strategy. It should be approached cautiously. However, when done right, you can land a good stock for a bargain price. It’s a way to buy stocks with sound fundamentals and strong prospects at a discount.
We have identified 10 cheap stocks that have fallen below their respective 52-week high prices. Each company has a multiyear history of growing earnings per share and revenue, and analysts are still expecting strong growth in the years ahead.