3 Dow Stocks That Are Screaming Buys in June
Last week, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) celebrated its 126th "birthday" since inception. Initially, in the late 19th century, it was a 12-stock index made up of (surprise!) industrial stocks. But today, it's made up of 30 highly profitable, well-known, and successful companies that have a storied history of making long-term investors a lot richer.
It's also an index that, like the rest of the stock market, has hit a rough patch. Since the beginning of the year, the Dow Jones has lost as much as 15% of its value, which firmly places it in correction territory. The thing is, every double-digit decline in the Dow throughout history has eventually been cleared away by a bull market rally. This implies that all corrections serve as an opportunity for patient investors to do some shopping.
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Source Fool.com
