Last month wasn’t a great one for the overall stock market, but it was a downright awful one for a handful of blue chip stocks.
Most investors understand oversized dips can be buying opportunities, but they should also recognize when jumping into a stumbling stock is a bad idea. The stocks’ current weakness may merely be an omen of what’s to come. How do you know the difference? You dig deeper and consider the bigger picture.
With that as the backdrop, here’s a closer look at the Dow Jones Industrial Average‘s (DJINDICES: ^DJI) biggest April losers. They may be blue chips, but that doesn’t necessarily make them great picks right now.
The Dow’s worst of the worst
The Dow Jones Industrial Average fell 5% last month. That setback doesn’t hold a candle to the losses some of its constituents suffered, though. Shares of Boeing (NYSE: BA), International Business Machines (NYSE: IBM), and Home…