Even with the indices reaching new highs, there are good stocks at or near 52 week lows. One sector that seems particular beat down is retail, with dismal numbers from Macy's and Kohl's last week. Over the last couple weeks, I've been taking small positions in specialty retail stocks, specifically Staples, The Buckle, and Abercrombie & Fitch. Not only are they near or at 52 week lows, they are paying 6-7% dividends I'm betting that they don't cut their dividend and will recover in 2017.
Disclosure: We own shares of Staples, The Buckle, and Abercrombie & Fitch.
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