Every once in a while, the stock market lets investors dive into reasonable discounts in some of the best companies in the economy. These discounts always come as a surprise, considering that these companies aren’t usually found trading near their lows. This is why today’s list of stocks near their 52-week high could come in handy for those looking for a deal.
With Wall Street analysts and the rest of the market finding enough reasons to boost these stocks back to their true valuations, investors now have enough of an opening to keep their attention fixed on these potential recoveries. Names like Target Co. (NYSE: TGT) offer investors double-digit upside in the consumer discretionary sector after the stock traded down on recent earnings.
