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Dow Jones Bear Market: 3 of the Cheapest, Safest Stocks You Can Buy Today

Rich Smith, The Motley Fool
·4-min read
Dow Jones Bear Market: 3 of the Cheapest, Safest Stocks You Can Buy Today

On Monday, the Dow Jones Industrial Average crossed into bear market territory, touching an intraday low of 29,161 -- 20% below the high it hit in late December. To put this event in context, the last time the Dow experienced a bona fide bear decline, the world was early in the throes of the COVID-19 pandemic. Across the much broader S&P 500 index, which tracks 500 of the biggest U.S. companies, the average price-to-earnings ratio currently is 18.4 -- a level that index last saw in 2014.

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