Is It Time to Buy the Dow Jones Industrials Average's 3 Worst-Performing Stocks of April?

By The Motley Fool8 days ago

Most investors are always on the hunt for underpriced stocks. After all, who doesn't love a bargain?

However, not every stock that has taken a tumble is necessarily undervalued. Sometimes, those sell-offs are completely merited even when they hit familiar blue chips. One of our key tasks as investors is to separate the market's mispricings from its correct calls -- and it's not easy.

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With this in mind, let's consider the three worst-performing components of the Dow Jones Industrial Average in April. Are any of them bargains after their share price declines, or did Wall Street get it right?

Image source: Getty Images.

What went wrong

April's biggest losers among the bluest of the blue chips were Intel (NASDAQ: INTC), down 10%; Boeing (NYSE: BA), down 8%; and Amgen (NASDAQ: AMGN), off by 4%. For perspective, last month the Dow Jones Industrial Average overall gained a little less than 3%.

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