There's a reason JPMorgan Chase stock is rallying when it seems like it shouldn't be. Software giant Microsoft is evolving its business model to one that generates recurring revenue.
Dow Jones tech giant Apple stock and AI Leader CrowdStrike are approaching new buy points in today's stock market.
If you had a position in Nvidia (NASDAQ: NVDA ) after it reported earnings on May 22, you had a great week. If you owned some members of the Dow 30, your week may have looked much different.
The Dow Jones Industrial Average comprises 30 blue-chip stocks that most investors are familiar with. It's an index that investors use to gauge the position of the stock market as a whole, similar to the Nasdaq and S&P 500.
The Dow, made up of 30 stocks, is a price-weighted average, meaning that higher-priced stocks cause the index to move more than a lower-priced one.
These five names are showing relative strength.
With the Dow Jones Industrial Average down 2% so far over the week of May 20, all of the Dow 30 stocks have taken a dip. For the average layman, this means the broader stock market contracted this week, but most professional investors would defer to the S&P 500 which is down an average of 0.74% in the same timeframe.
Nvidia (NASDAQ: NVDA ) looks set to close out an excellent week on a high note. After blowing past Wall Street estimates, the artificial intelligence leader announced plans for a 10-for-1 stock split.
DOW owns a minority stake in SAS Chemicals GmbH, which manufactures and provides adhesives and sealants for insulating glass windows.
Investing in Dow stocks is always a reasonable strategy for those who value the American economy. The Dow Jones is composed of 30 prominent publicly listed U.S. firms.
Since 1896, the Dow Jones Industrial Average has evolved from an index comprised of a dozen stocks to one with 30 diverse, multinational components. Though the Dow Jones is predominantly packed with mature businesses, it also contains growth companies angling to take advantage of the artificial intelligence (AI) revolution.