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3 Beaten-Up Stocks for Bargain Hunters

·5 min read
3 Beaten-Up Stocks for Bargain Hunters
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Three stocks that have been falling in recent weeks that could be great buys today are Amgen (NASDAQ: AMGN), Alibaba Group Holdings (NYSE: BABA), and Dollar Tree (NASDAQ: DLTR). Drugmaker Amgen is a relatively cheap stock to own today, trading at a price-to-earnings (P/E) multiple of 23 (the average stock in the Health Care Select Sector SPDR Fund is trading at 27 times its profits). During the first three months of the year, Amgen's revenue of $5.9 billion declined 4% year over year; the company blamed the poor results on the pandemic and patient visits being down.