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Nike and McDonald's Are the Worst-Performing Dow Stocks This Year. Here's the 1 to Buy in October.
By newsfeedback@fool.com (Jeremy Bowman)
Read original article on Motley FoolIt's been a rough year for Dow Jones Industrial Average (DJINDICES: ^DJI) consumer stocks.
Through Sept. 24, the blue chip index is up 7% this year, but Nike (NYSE: NKE) and McDonald's (NYSE: MCD) are two of the three worst performers this year. Nike is down 44%, while McDonald's is off 22%. IBM, the second-worst performer, is down 23%.
Though they compete in different industries, Nike and McDonald's have a lot of similarities as stocks. Both companies are generations old and represent two of the most successful, global American brands.
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