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That should leave a lot of room for dividend growth as well, which is one of the many reasons Chevron is such a great stock to buy near 52-week lows. The oil stock currently yields 4.6%.

However, if you're looking for two top-notch stocks to buy that are nearing 52-week lows and still have compelling businesses behind them, here are a couple of names to consider. DexCom (NASDAQ ...