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Öffnet in einem neuen Fenster Öffnet eine externe Website Öffnet eine externe Website in einem neuen Fenster <!---->Schließen Sie diesen Dialog<!----> Diese Website speichert Informationen auf Ihrem Gerät und greift auf diese zu, z. B. Cookies. Personenbezogene Daten wie Cookie-IDs, eindeutige Geräte-IDs und Browserinformationen können verarbeitet werden. Dritte können Informationen auf Ihrem Gerät speichern und darauf zugreifen und diese persönlichen Daten verarbeiten. Sie können Ihre Einstellungen ändern oder zurückziehen, indem Sie auf das Cookie-Symbol klicken. Infolgedessen werden möglicherweise keine relevanten Anzeigen oder personalisierten Inhalte angezeigt. Sie können Ihre Einstellungen jederzeit ändern oder die Standardeinstellungen übernehmen. Sie können dieses Banner schließen, um nur mit essenziellen Cookies fortzufahren. Datenschutz-Bestimmungen Speichereinstellungen Dritte * Lager * Marketing * Personalisierung * Analyse Speichern Alle akzeptieren Alles ablehnen <!---->Schließen Sie die Cookie-Einstellungen<!----> Skip to main contentSkip to main content Register for more free articles. Log in Sign up Back to homepage Subscriber Login Keep reading with a digital access subscription. Already a subscriber? Log in or Activate your account. Subscribe now You have permission to edit this article. Edit Close 63° * Sign in * Subscribe Now * Manage account * Logout * * * Manage account * e-Newspaper * * Logout * News * Sign up for newsletters * Local * COVID-19 * Arizona * Business * La Estrella * Crime * National * World * SaddleBrooke * Politics * Archives * News Tip * Obituaries * Share Your Story * Recent Obituaries * Find an Obituary * Opinion * Submit a Letter * Submit guest opinion * Letters to the Editor * Fitz cartoons * Opinion & Editorials * National Columnists * Sports * Arizona Wildcats * Greg Hansen * High Schools * Roadrunners * D-backs * Suns * Betting * Entertainment * Caliente * Events Calendar * Arts & Theatre * Music * Movies * Movie Listings * Television * TV Guide * Comics * Games & Puzzles * Lifestyles * Brand Ave. Studios * Community Pages * Retro Tucson * Food & Cooking * Health * History * Home & Garden * Parenting * Fashion * Pets * People * Outdoors & Rec * Travel * Join the community * News tip * Share video * Feast and Field * Partners * Arizona Daily Star * E-Newspaper * E-Newspaper-Tutorial * Archives * Special Sections * Merchandise * Classifieds * Place an Ad * Find a Business * Jobs * Homes * Cars * Classifieds * I Love A Deal * Customer Service * Manage My Account * Newsletter Sign-Up * Subscribe * Contact us * Weather: Live Radar * Mobile Apps * Facebook * Twitter * YouTube * Pinterest * Instagram © 2022 Lee Enterprises Terms of Service | Privacy Policy Read Today's E-Edition * Log In * Subscribe Now * * * Manage account * e-Newspaper * * Logout * E-Edition * News * Obituaries * Opinion * Wildcats * Entertainment * Lifestyles * Jobs * Newsletters * 63° Sunny Share This * Facebook * Twitter * WhatsApp * SMS * Email 3 Worst-Performing Dow Jones Stocks Ready to Bounce Back Share this * Facebook * Twitter * WhatsApp * SMS * Email * Print * Save AP 3 WORST-PERFORMING DOW JONES STOCKS READY TO BOUNCE BACK * (James Brumley) * Apr 15, 2022 * 2 hrs ago * * Facebook * Twitter * WhatsApp * SMS * Email * Print * Save (James Brumley) Just because the Dow Jones Industrial Average (DJINDICES: ^DJI) is chock-full of blue-chip stocks doesn't mean it's immune to sell-offs. The index sits nearly 7% below January's peak, and at one point last month it was down as much as 12% from that high. It also looks like it's trying to test last month's low again, and for a handful of Dow names, the past three months have been even worse. If you're a seasoned investor, you know these soft patches are ultimately buying opportunities. You can't keep a good stock down forever. To this end, here's a rundown of three of the Dow's worst-performing stocks of late. Each is ready to bounce back for all the right reasons. Image source: Getty Images. 1. GOLDMAN SACHS On a comparative basis, the underwriting (IPO) market feels lackluster here. A combination of inflation and Russia's invasion of Ukraine is taking a toll on the economy and the market, causing some companies to postpone planned public offerings and other dealmaking. EY (formerly called Ernst & Young) estimates the first quarter's total initial public offerings fell 37% from year-ago levels, while the total amount of money raised via public offerings fell 51%. PEOPLE ARE ALSO READING… * U.S. considers major midyear cutback of Colorado River deliveries * Wildcats lose two more players to transfer portal, add five-star signee Paris Clark * Recalling Paul McCartney's Tucson love story * Advocates: Students at risk as UA Global Campus’ problems mount * This stunning purple mushroom had never been documented in Arizona — until this UA student found it * This secret Tucson kitchen is a treasure trove of 7 innovative eateries * Tucson rule to preserve desert plants has gone unenforced for 20 years * Tim Steller's column: Pima board responsible for Huckelberry contract mess * Tucson couple found guilty of stealing $5M from investors * Bubbe's Fine Bagels is opening a second location later this month * Officials warn Tucsonans of rise in rattlesnake, scorpion activity * A community with 390 manufactured homes is coming to Sahuarita * A new grocery store is coming to Tucson's southwest side * Chicago's popular Portillo's hot dog restaurant coming to Tucson * Woman assaulted while walking her dog on Tucson's northwest side This dried-up IPO market took a big bite out of Goldman Sachs' (NYSE: GS) bottom line too. Although its first-quarter revenue and earnings topped analyst estimates, that pleasant surprise was supplied by strength from its trading and wealth management arms. Investment banking revenue slumped 36% year over year, prompting a 48% decline in net earnings. Despite the beat, torn investors simply let the stock drift sideways in the wake of the news, trying to figure out if this is the shape of things to come. All these numbers, however, paint a misleading picture of the current underwriting market as well as Goldman Sachs' stock's woes. Fact: The first quarter's IPO slump isn't a slump at all. It's just being compared to the first quarter of 2021, which saw a massive number of pandemic-postponed public offerings finally come to fruition. As EY pointed out a year ago, Q1 2021's public offering activity was the most fevered it had been in 20 years. And that strength persisted. EY adds that the fourth quarter's public offerings reached levels not seen since the final quarter of 2007, capping off what would be a record-breaking year for IPOs. That's a tough act to follow. At the same time, while the 24% pullback has been a painful one for Goldman shareholders to ride out, the bulk of the 227% rally from March 2020's low to last November's high is still intact. Don't let a little profit-taking now lead you to the wrong conclusion here. Goldman Sachs is expected to start growing again next year. The stock may start to recover well before then. 2. MICROSOFT Microsoft (NASDAQ: MSFT) shares are another victim of a little too much euphoric-driven success in the midst of the COVID-19 pandemic, setting the stage for profit-taking now that the effect of the coronavirus contagion has been curbed. Specifically, following a 165% run-up between early 2020 and late 2021, the stock's now sitting 18% under that peak. The bullishness is completely understandable. With millions of employees suddenly forced to work from home, employers needed online collaborations solutions fast. In addition to its familiar office productivity software, Microsoft also offers online video/voice conferencing, security, and other options needed by remote workers. Now that the pandemic is fading away (or being ignored), though, investors fear companies are rethinking the need for all these work-at-home options. The thing is, most of Microsoft's business isn't hyper-reliant on at-home employees. Regardless of where they work, employees need access to software like Excel or Word. And, while they don't necessarily need them as desperately as they did a year ago, many companies are holding onto their online collaboration and communication tools, just in case an unexpected disruption surfaces again in the future. Never even mind the fact that a huge chunk of Microsoft's business comes from hybrid cloud platforms, video gaming, and operating systems. These are mostly unaffected by where workers are actually doing their jobs. This recent weakness is a chance to plug into Microsoft shares in front of what analysts say will be sales growth of 18% this year, and 14% next year. 3. NIKE Finally, add Nike (NYSE: NKE) to your list of beaten-down Dow Jones stocks that could be ripe for a reversal. It's not a name that needs much of an introduction. Nike, of course, is the world's most recognized athletic apparel brand, with estimates suggesting it controls anywhere from 40% to 60% of the global athletic shoe market. Even at the lower end of the range, that's huge. This dominance hasn't impressed investors much of late. Shares are down nearly 30% from record highs hit in December, with the pandemic's resurgence and fresh geopolitical tensions -- particularly tensions involving China -- crimping supply chains and straining ties with a key market for Nike; nearly 20% of its sales are made in that market. For all its challenges, though, Nike's got more working for it than against it. Its ongoing shift toward greater self-sufficiency is one of the things working for it. More than one-third of its revenue now comes from sales made directly to consumers, bypassing third-party retailers that eat into profit margins. Another edge Nike enjoys is its capacity to innovate. Not that it really needs it, but the company recently confirmed it will be opening a new technology center in 2023 that will, among other things, think up ways to improve its customers' experiences using artificial intelligence. Nike already changed the athletic footwear game by letting consumers custom-build their own sneakers via a platform called Nike By You. Shares might need some time to reblossom, but it will be worth the wait. 10 stocks we like better than Goldman Sachs When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now… and Goldman Sachs wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 7, 2022 James Brumley has no position in any of the stocks mentioned. The Motley Fool owns and recommends Goldman Sachs, Microsoft, and Nike. The Motley Fool has a disclosure policy. TAGS * Dcc * Wire * Motley-fool * Personal Finance Respond: Write a letter to the editor | Write a guest opinion Respond: Write a letter to the editor | Write a guest opinion Subscribe for just 23¢ per week * Support quality journalism * Get unlimited access to tucson.com and apps * No more surveys blocking articles Subscribe for just 23¢ per week * Support quality journalism * Get unlimited access to tucson.com and apps * No more surveys blocking articles -------------------------------------------------------------------------------- Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. BE THE FIRST TO KNOW Get local news delivered to your inbox! Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. RELATED TO THIS STORY MOST POPULAR STUDENT LOAN PAUSE EXTENDED AGAIN — IS THERE AN END GAME? At the very least, the additional reprieve provides borrowers with more time to plan. But plan for what, exactly? 3 STEPS TO CLAIMING THE $4,194 MAX MONTHLY SOCIAL SECURITY BENEFIT Satisfying these conditions will earn the highest benefit possible. Q&A: WHY US INFLATION IS SO HIGH, AND WHEN IT MAY EASE Another month, another four-decade high for inflation. 7 REASONS IRAS ARE THE BEST THING SINCE SLICED BREAD A million or more in an IRA account? Yup, you can amass that. WHAT IS A 529 COLLEGE SAVINGS PLAN? AN ECONOMIST EXPLAINS College savings plans – known as 529s – can be effective for certain families. Still, it pays to know the ins and outs of how the plans work, an expert says. SHOULD YOU INVEST IN TESLA BEFORE THE STOCK SPLIT? Tesla recently announced that a stock split could be in its future. Is it time to buy? A LAST-MINUTE WAY TO REDUCE YOUR 2021 TAXES RIGHT UP UNTIL TAX DAY Last year may be history. But there may still be one thing you can do this week to reduce your 2021 tax bill (or bolster your refund), all while fattening your retirement savings. SMALL HOME FIXES CAN HAVE A BIG IMPACT ON SAFETY If it ain’t broke, maybe you should fix it anyway. That’s the message consumer advocates and insurance experts want you to hear about your home’s hidden dangers. HIGH GAS PRICES HAVE YOU DOWN? TRY THESE TIPS TO SAVE AT THE PUMP! * Audio Sara Rathner, a personal finance expert with NerdWallet, offers a variety of tips to help you save at the pump from using apps to find the best price to simply slowing down. BETTER BUY: VOO OR QQQ? Both of these funds have their advantages. Which one is right for you? 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