The Dow’s Fantastic 6 Stocks
The Dow Jones Industrial Average (NYSE:DIA) hit an all-time intra-day high of 14,279.96 on October 11, 2007. Since then, it has been a bumpy ride to say the least. Four years after the high, the Dow is down 20%.
As of yesterday’s close, only six of the thirty Dow members have posted price gains since October 11, 2007. The Fantastic Six are listed below with details.
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McDonald’s (NYSE:MCD) has been the best performing Dow member with a gain of nearly 59% since the Dow’s decline. McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
International Business Machines (NYSE:IBM) shares have been the second best performing Dow member with a 56% gain since October 11, 2007. The company provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing.
Wal-Mart Stores Inc. (NYSE:WMT) and The Coca-Cola Company (NYSE:KO) have both gained 17% in the same period. Wal-Mart is the number one retailer in the world, while Coca-Cola is the world’s number one soft drink. Coca-Cola is also Warren Buffet’s number one portfolio holding measured by dollar value. Buffett’s holding value of Coke is estimated to be about $13.3 billion.
Chevron Corp. (NYSE:CVX) has increased 7% in the period. Chevron is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas.
The Home Depot, Inc. (NYSE:HD) is the last Dow member to post positive gains. The company’s share price has increased 4%. HD is a home improvement retailer that sells building materials and home improvement products. The company operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
With earnings season officially kicked off with Dow member Alcoa (NYSE:AA) reporting disappointing results, it will be interesting to see if the Fantastic Six can keep the winning streak alive.
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