3 Dow Stocks to Buy More of in October
As you know, the stock market is a difficult place these days. The Dow Jones Industrial Average slipped into a bear market after falling at least 20% from its most recent high. That means many of the stocks that are part of the index are also suffering.
Now, let's move on to the good news. Many of today's decliners are very solid companies that are extremely likely to not only rebound, but also to lift your portfolio over the long term. So you'll want to consider buying more of these players -- and at bargain prices -- in October. Let's take a look at three with major brand strength.
Walt Disney (NYSE: DIS) has fallen about 37% this year. That leaves it trading at about 18 times forward earnings estimates. It traded for more than 40 at the start of the year. This looks inexpensive if you just look at these numbers. But if you think about the strength of the Disney brand, it looks even cheaper.
Source Fool.com
