From Nasdaq:



The three worst performing stocks on the Dow Jones Industrial Average in 2023 are Walgreens Boots Alliance (NASDAQ: WBA) with a YTD performance of (23.7%), Chevron (NYSE: CVX) with a YTD performance of (11.5%), and Johnson & Johnson (NYSE: JNJ) with a YTD performance of (9%). Factors weighing on their performance include falling energy prices, underperformance of value stocks versus growth stocks, and company-specific issues.

Walgreens has negative free cash flow and an uncertain future path, Chevron is affected by lower energy prices and political uncertainties surrounding an acquisition, and Johnson & Johnson, despite solid recent results, has faced sales declines for certain key products and has Medicare price negotiations as a risk factor. The article suggests that while these stocks are down for reasons, it may be a good time for patient long-term investors to take a closer look at Chevron and Johnson & Johnson, while it advises avoiding Walgreens for the time being.

The Motley Fool Stock Advisor analyst team recommends 10 best stocks for investors to buy now, which does not include Walgreens Boots Alliance. The Stock Advisor service has a history of tripling the return of S&P 500 since 2002.



Read more: Is It Time to Buy the Dow Jones’ 3 Worst Performing Stocks This Year?