Should You Buy the Dow Jones' 3 Worst Performing 2022 Stocks?
If you like to buy blue chip stocks while they're on sale, there are plenty to pick from right now. The Dow Jones Industrial Average (DJINDICES: ^DJI) is down to the tune of 15% year to date, and fully half of its 30 components are down by even more.
It's this group of laggards, of course, that pique the most interest among bargain hunters. But are the worst performers of 2022's first half the best deals now, or should their share price weakness be read as a warning about these companies' underlying businesses?
The usual advice is, don't buy a stock just because it has tumbled by an unusual amount ... even if it's a blue chip. In this particular instance, however, you may actually want to start nibbling on these oversold equities.
Source Fool.com
