Previous close | 1,389.56 |
Open | 1,384.95 |
Bid | 1,593.70 |
Ask | 1,631.50 |
Strike | 1,360.00 |
Expiry date | 2023-01-20 |
Day's range | 1,384.95 - 1,389.57 |
Contract range | N/A |
Volume | |
Open interest | 4 |
A couple of growth stocks that are trading near their 52-week lows and can be tempting options to just buy and forget about include Seagen (NASDAQ: SGEN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Its price-to-earnings ratio of 21 looks like a steal for a business that is still growing revenue at a rate of 23%.
If you're a "buy on the dip" kind of investor, the current pullback is a doozie of an opportunity. Although the S&P 500 (SNPINDEX: ^GSPC) finished last week on a high note, the index still sits 13% below March's high and remains down 16% for the year. While investor sentiment is understandable, some sell-offs have been overdone.