Coca-Cola and 2 Blue Chips Powering the Dow Jones Industrials Now

The Dow Jones Industrial Average (NYSEARCA:DIA) is up today by a modest 0.29% and stands at 11,804. The large stocks below are among the positive performers today.

Coca Cola (NYSE:KO): Coca Cola intends to invest $2 billion dollars in India between 2012 and 2017. That’s equal to the amount that the company spent in the past eighteen years. Coca’s Cola’s (NYSE:KO) future is tied up with the markets of China and India. KO shares recently traded at $67.58, up $0.96, or 1.44%. They have traded in a 52-week range of $61.29 to $71.77. Volume today was 4,502,513 shares versus a 3-month average volume of 10,563,400 shares. The company’s trailing P/E is 12.43, while trailing earnings are $5.44 per share.

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Merck (NYSE:MRK) While Merck continues to be flat and trading within a certain range, the company also made a Credit Suisse list of 20 stocks that provide better dividends relative to bonds. MRK shares recently traded at $35.06, up $0.22, or 0.63%. They have traded in a 52-week range of $29.47 to $37.65. Volume today was 5,926,948 shares versus a 3-month average volume of 17,347,600 shares. The company’s trailing P/E is 25.63, while trailing earnings are $1.37 per share.

Walt Disney (NYSE:DIS): The mouse is reversing a two-day slide. As a stock, the two major concerns are the NBA lockout and stagnant park attendance. DIS shares recently traded at $35.61, up $0.46, or 1.31%. They have traded in a 52-week range of $28.19 to $44.34. Volume today was 3,653,556 shares versus a 3-month average volume of 12,960,000 shares. The company’s trailing P/E is 14.13, while trailing earnings are $2.52 per share.

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