Dow Jones Industrial Average was founded 1896, and at that time there total number of stocks were 12. In the general U.S. stock Market, almost 30 Dow Jones stocks designs are lined up to serve as a bellwether in the current age. This year is one of the best years for Dow Jones Industries as their stocks rose more than 15% this year, which is better from last year as last year’s Highest result was 14%.
Also read : Top US Stocks to Watch After Republicans Wins – Dow Jones
Dow Jones Movers in today’s age
The first quarter earnings results of the Dow Jones Industrial Average, show the Travelers Dive of almost about 8%. After viewing the current stock market condition, it is important that the current focus of the investors should be on the stocks that are showing strong relative strength. If the stock rates of Dow Jones extend in 2024 they will surely become the leaders once again. The top five stocks of Dow Jones include: Walmart, Goldman Sachs, American Express, JPMorgan, and Travelers.
Walmart (NYSE: WMT). 60.3%
Goldman Sachs (NYSE: GS). 53.9%
American Express (NYSE: AXP). 53.1%
JPMorgan (NYSE: JPM). 44.2%
Travelers (NYSE: TRV). 36.9%
Walmart is leading the Dow Jones charge in the current year. Since 1999 this year has been the best for Walmart. It has gained a lot of profit and the number of retail shops has increased seamlessly. The investment in advertising is helping Walmart to earn more than its revenue.
The remaining 4 Dow Jones top performers are financial stocks. After the lowering in rate by federal reserves in federal funds, the financial sector made a boost. Lowering of rates also raises the investment chances, and is also good for finance companies to borrow money as the fallen rates are very beneficial for them.
Is it good to invest $1000 in the Dow Jones Industrial Average in the current situation?
As we look into the reports of Motley fool Stock advisor, in current situation it is not healthy year to buy stocks in Dow Jones Industrial Average, on the basis of all the research they have made in the stock industry, Dow Jones Industrial Average don’t come in the 10 best stocks to be invested in current situation. To get a monster’s profit investing in the top 10 stocks they have mentioned will be great.
Could the investment of $1000 give you a return of $ 858, 854?
As it is said the best guidance can make you touch the peak of Everest. The same goes with stocks, stock advisors are the ones who give investors all the guidance to build a portfolio and follow easy steps to get more return through their investment. Keeping in touch with the advisors and getting regular updates from the analysts can give better results.
Also read : Stock To Watch Today in Dow Jones (DJIA): Gains for NVIDIA, Walmart, Amid Mixed Market Signals
