April was rough for Dow Jones stocks like Boeing, IBM, Home Depot, and Intel.

From Yahoo Finance: 2024-05-05 05:10:00

April was a rough month for the stock market, especially for blue chip stocks. The Dow Jones Industrial Average (DJINDICES: ^DJI) saw some of the biggest losers, including Boeing, IBM, Home Depot, and Intel. Boeing’s decline was due to ongoing design and manufacturing issues, while IBM’s setback was earnings-related. Home Depot suffered from macroeconomic factors like inflation, and Intel’s fall was anticipated due to revenue misses. While it may not be the right time to buy these stocks, there is a bullish case for IBM and Boeing given their potential for future growth and recovery.



Read more at Yahoo Finance: Is It Time to Buy April’s Worst-Performing Dow Jones Stocks?