Have $6,000? These 3 Stocks Could Be Bargain Buys for 2025 and Beyond
From Nasdaq: 2025-02-09 04:55:00
Tech stocks surged to record highs, but finding bargains in a volatile market is tough. Average Robinhood investment account is $6,000, leading investors to chase high-growth stocks. Splitting the investment between undervalued tech stocks like Micron, Qualcomm, and Cisco could be a smarter strategy for 2025.
Micron Technologies is a top manufacturer of memory chips, with revenue surging 62% in fiscal 2024. Analysts expect 40% revenue growth and 434% EPS growth in fiscal 2025, making it a bargain at 13 times forward earnings. Qualcomm, a leader in mobile chips, saw revenue and EPS rise in fiscal 2024, with growth expected in fiscal 2025 at 15 times forward earnings. Cisco, a networking giant, saw revenue and EPS decline in fiscal 2024, but analysts expect growth in fiscal 2025 at 17 times forward earnings.
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