These 3 Dow Stocks Are Set to Soar in 2022's Second Half and Beyond
It's been a rough past few months for investors. Not even the market's best-known blue chips have been able to stand up to the marketwide headwind. The Dow Jones Industrial Average (DJINDICES: ^DJI) is down to the tune of 14% for the year, and it seems like it could move even lower before all is said and done.
There are some Dow components, however, that have undeservedly been swept out with the marketwide bearish tide. Here's a closer look at three Dow stocks that could readily bounce back during the latter half of the year once investors realize their mistake.
The pessimism plaguing Caterpillar (NYSE: CAT) since this time last year makes enough sense. Between lingering supply chain challenges, sky-high commodity prices, and the prospect of both pushing the world into a recession, the stock has understandably fallen more than 20% from last June's peak.
Source Fool.com
