The Dow Jones Industrial Average (NYSE:DIA) is down 0.42% and stands at 11,470 The large stocks below are among the worst performers today.
McDonald’s (NYSE:MCD): There are few safer stocks than the company that brought us Grimace and the Hamburglar. Douglas McIntyre writes, “Price will become an increasingly important consideration” in the wake of a potential global recession. McDonald’s is up 1.56%.
Investing Insights: The Dow’s Fantastic 6 Stocks.
Verizon (NYSE:VZ): Pacific Telemanagement Services has agreed to buy 50,000 pay phones still owned by Verizon. That means Verizon will own only 4,000 payphones, where they once owned a half million. We are not sure what Pacific’s business model would be. Verizon is up 0.74%.
Intel (NASDAQ:INTC): Intel recently provided a warning to investors that Q3 will be weak, and its new Bulldozer chips have underwhelmed. However, MKM’s Derek Berenbaum recently pointed out that Intel’s performance and manufacturing benefits will remain for some time. Intel is up 0.56%.
Don’t Miss: Intel Corp Third Quarter Earnings Sneak Peek.