Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Pathikrit Bose

2 Popular Dow Stocks to Avoid, According to Wall Street

Dow stocks are driving the market lower today, as investors respond unfavorably to the latest quarterly earnings reports from blue-chip tech stock Cisco Systems (CSCO) and mega-retailer Walmart (WMT). Already, the 30-stock Dow Jones Industrial Average ($DOWI) has been lagging its broader market counterparts in 2023, with its year-to-date gain of 5.3% stacking up against a return of 17% for the S&P 500 Index ($SPX), and a rally of 34% for the Nasdaq Composite ($NASX).

Despite the group's relatively lackluster performance, most Wall Street analysts remain big fans of the Dow 30 - with just a few notable exceptions. With this in mind, here's a look at two of those rare Dow stocks that analysts don't recommend buying at current levels.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.