Is It Time to Buy the Dow Jones' 3 Worst-Performing June Stocks?
Most investors recognize this year's sweeping sell-off has been led by the same growth stocks that soared last year. It's not just growth stocks, however, that are losing ground here. The blue-chip-laden Dow Jones Industrial Average (DJINDICES: ^DJI) now sits nearly 17% below January's high, losing almost 7% of its value in June alone. Of course, this means that roughly half the Dow's constituents lost even more ground last month.
And it's these names in particular -- June's worst performers -- that merit a closer look now. Have these names been errantly sold off because the market itself is in a free fall? Or are investors legitimately concerned about these companies' foreseeable future?
If it's the former, feel free to "buy on the dip." If it's the latter, you may want to keep your investing powder dry, since there's something bigger-picture going on.
Source Fool.com
