Is It Time to Buy the Dow Jones' 3 Worst-Performing February Stocks?
February was another good month for blue chip stocks, with the Dow Jones Industrial Average gaining 3% despite a sizable setback late last week. It wasn't a great month for every Dow Jones name, however. Walmart (NYSE: WMT), Amgen (NASDAQ: AMGN), and Apple (NASDAQ: AAPL) not only lost ground but lost a lot of ground compared to their benchmark index. They fell 7.5%, 6.8%, and 8.1%, respectively.
Smart investors are now rightly wondering if these sell-offs are buying opportunities, but those same investors are also wise to wonder if this weakness is an indication of bigger problems for these companies. Here's a closer look.
Spoiler alert: Most of the losses these three stocks suffered last week have less to do with the respective companies and more to do with January's unusual action.
Source Fool.com
