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3 Large Cap Stocks Under $50 with 50% Upside

3 4 12
01.10.2021

The recent market slump has put many stocks on sale. In some cases, such as high multiple technology stocks, the recalibration is warranted given the backdrop of rising yields. In other cases, it has made non-tech value stocks even more attractive.

Investors looking to follow the script of ‘buying the dip’ have many choices. The best bang for your buck can be had searching for lower priced stocks of mature, large-cap companies that have solid fundamentals.

Below are three such names. Each trades under $50 per share and according to sell-side analysts has at least 50% upside.

Dish Network (NASDAQ: DISH) has rallied 36% this year but there could be much more where that came from. The company behind the DISH and Sling pay-tv brands offers investors an attractive business model. Almost all revenue comes from subscriptions with just a sliver from equipment sales.

In the last couple years, the DISH business has grown to include retail wireless services with the addition of Boost Mobile. Earlier this month Boost Mobile announced a plan to acquire prepaid mobile service provider Gen Mobile which will further expand its customer base into the budget-conscious segment.

Dish is also involved in 5G network deployment, which like mobile phones is expected to be a........

© Entrepreneur


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