Charles B. Carlson, CFA
The stocks below were the 10 worst-performing Dow stocks in 2023. (The stocks are listed in order starting with the worst performer for 2023.) These stocks represent the Dow Underdog selections at the beginning of 2024. Stock symbols are in parentheses. The close ratio represents a stock's price to its 200-day moving average price. A variation of my Worst-To-First Strategies focuses on portfolios from the 10 Dow stocks with the lowest ratio of current stock price to 200-day moving average price.
Price Change Portfolio Data as of: Close Ratio Portfolio
12/31/23
Walgreens Boots Alliance (WBA) Chevron (CVX)
Chevron (CVX) Walgreens Boots Alliance (WBA)
Johnson & Johnson (JNJ) Procter & Gamble (PG)
3M (MMM) Johnson & Johnson (JNJ)
NIKE (NKE) Cisco Systems (CSCO)
Coca-Cola (KO) Coca-Cola (KO)
Verizon Communications (VZ) NIKE (NKE)
Procter & Gamble (PG) Disney (DIS)
Honeywell (HON) Merck (MRK)
Merck (MRK) Walmart (WMT)