Aeropostale, Inc. (ARO), American Eagle Outfitters (AEO): Stocks Near 52-Week Lows Worth Buying

The biggest news, though, might be its $605 million purchase of Volterra Semiconductor Corporation (NASDAQ:VLTR), a manufacturer of integrated voltage regulators (a fancy phrase meaning circuitry that controls power levels), which looks as if it’ll be immediately accretive to Maxim Integrated Products Inc. (NASDAQ:MXIM). Volterra was operating in a highly competitive space. With Maxim’s more streamlined operations and cash flow, Volterra’s product line should be better able to compete against its larger foes, while Maxim shareholders should enjoy an immediate boost to the bottom line while getting larger exposure to a rapidly growing smartphone market.

With a forward P/E of just 14 and a solid 3.8% yield, Maxim Integrated Products Inc. (NASDAQ:MXIM) appears to be a tech company ready for a rebound.

Foolish roundup
This week was a reminder that great companies sometimes get lost in cyclical trends. It seems that Aeropostale, Inc. (NYSE:ARO), National Grid plc (ADR) (NYSE:NGG), and Maxim Integrated Products Inc. (NASDAQ:MXIM) go through something similar to this every couple of years, yet they always seem to emerge stronger than ever. I trust the management teams of these three companies, and their historical performance, will prove me right in the end.

The article 3 Stocks Near 52-Week Lows Worth Buying originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool recommends National Grid. 

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