From msn: 2024-04-13 11:01:00

As 2024 continues, the stock market sees success despite recent turmoil. However, the Dow Jones lags behind Nasdaq and S&P 500, with big names like Apple, Nike, and UnitedHealth near 52-week lows. Apple’s decline is attributed to slow growth, lack of innovation, and antitrust concerns. At a 26.1 P/E ratio, Apple may present a value opportunity.

Meanwhile, Nike, which rode a pandemic spending surge to record highs, now sees its stock retracing to pre-pandemic levels. With growth slowing, Nike focuses on capital returns and dividend growth. The stock currently boasts a 26.2 P/E ratio, potentially appealing to value investors looking for a solid brand with long-term potential.

Finally, UnitedHealth, a key player in the healthcare sector, faces short-term challenges following a cyberattack and lower payment rate increase. However, the stock offers a moderate growth profile, raising dividends by 400% in the last decade. With a 19.1 P/E ratio, UnitedHealth presents a value play amidst market volatility.



Read more at msn: 3 Dow Jones Dividend Stocks That Are Within 6% of Their 52-Week Lows to Buy Now