05.10.2024 11:25:00
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Is It Time to Buy September's Worst-Performing Dow Jones Stocks?
A good stock is an even better buy at a low price. It doesn't necessarily follow, however, that all discounted stocks are great investments. After all, the company in question must first be worth owning at any price.This truism presents something of a conundrum for investors right now. Several blue chip stocks found in the Dow Jones Industrial Average (DJINDICES: ^DJI) tumbled last month even though the Dow itself made forward progress. Are these setbacks buying opportunities? Or are they omens of what's to come?September's three worst-performing Dow stocks are Merck (NYSE: MRK), JPMorgan Chase (NYSE: JPM), and Boeing (NYSE: BA), down 4.1%, 6.2%, and 12.5%, respectively. For comparison, the Dow Jones Industrial Average gained nearly 2% last month.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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