Published on 20 Sep 2024 on Insider Monkey · via Yahoo Finance
BP p.l.c. (BP): A Top Buy-The-Dip Stock with Long-Term Growth Potential
We recently compiled a list of the 7 Best Buy-the-Dip Stocks to Invest In. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against the other buy-the-dip stocks.
It’s every investor’s goal to buy a stock well poised to beat the average return of market indexes. However, with valuations getting out of hand after one of the longest bull runs, very few stocks offer significant upside potential. Nevertheless, some stocks have been battered by deteriorating economic conditions fueled by higher for longer rates.