3 Dow Jones Stocks to Buy at 52-Week Lows in July

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The Dow Jones Industrial Average, consisting of 30 of America’s top industrial giants, has seen its fair share of ups and downs in the past year. Despite following the rally of the S&P 500 and Nasdaq Composite, the market has been volatile in 2024.

As we enter the third quarter, investors are still wary of the market’s stability. However, this uncertainty presents an opportunity to buy quality stocks, especially those trading at 52-week lows. Let’s take a closer look at three Dow Jones stocks that fit this criteria.

Nike (NKE)
Nike, a global leader in athletic footwear and apparel, has faced challenges due to inflation and elevated interest rates. With sales growth stagnating and revenue declining, the company’s stock has dropped nearly 31% over the past year. However, the upcoming Summer Olympics in Paris could provide a boost to sales.

McDonald’s (MCD)
Fast-food giant McDonald’s is also trading at a 52-week low, impacted by inflation and macroeconomic uncertainty. The rise of weight-loss drugs and Middle Eastern boycotts have further hurt sales. Despite these challenges, McDonald’s remains a strong player in the industry and is worth considering for long-term investors.

Cisco Systems (CSCO)
Cisco Systems, a key player in networking and digital infrastructure, has seen a decline in sales as telecom companies delay equipment upgrades. The company’s stock has fallen 6% over the past year, but with supply constraints expected to ease in the future, now could be a good time to invest in Cisco Systems.

Overall, these Dow Jones stocks present opportunities for investors looking to buy quality stocks at discounted prices. With careful consideration and a long-term perspective, these companies could prove to be valuable additions to a portfolio.