52-Week Low

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52-Week Low

The lowest price for a stock or other security over a trailing 52-week period. Investors often compare the current price for a stock to its 52-week low in order to determine its recent performance as well to help gauge whether it has become overvalued or undervalued.
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With help from last weeks rebound, and tempted and seduced by some 52 week lows (or less) on many stocks, many investors jumped back into the market place yesterday.