3 Beaten-Down Dow Stocks to Buy Before They Pop
Not all blue chips have been red hot in 2023. In a year that finds the general market getting bubbly, nearly half of the components of the classic market index are trading worse than flat.
Coca-Cola (NYSE: KO), Home Depot (NYSE: HD), and Disney (NYSE: DIS) are some of the 14 surprising members of the Dow Jones Industrial Average (DJINDICES: ^DJI) that are trading lower in 2023. I guess you can't spell the word "down" without D-O-W, but these three stocks aren't likely to stay out of favor for long. Let's take a closer look.
Shares of Coca-Cola delivered an 11% dividend-adjusted gain in 2022, helping it stand out as many popular growth stocks went the other way last year. The roles have reversed this year, with the pop star pouring out a 6% decline that includes its generous quarterly payouts.
Source Fool.com
