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Is It Time to Buy the Dow's 3 Worst-Performing Stocks This Year?

Is It Time to Buy the Dow's 3 Worst-Performing Stocks This Year?

U.S. equity markets have rebounded after a challenging 2022, with the Dow Jones Industrial Average having risen by 4.4% after dropping by 8.8% in 2022. Walgreens Boots Alliance (NASDAQ: WBA), Nike (NYSE: NKE), and 3M (NYSE: MMM) have lost about 43%, 22%, and 19%, respectively, since the start of 2023. Walgreens' troubles don't just extend to this year, which is reflected in the stock performance.