The Dow Jones Industrial Average (DJIA), often referred to simply as “the Dow,” is one of the most widely recognized scholarship indexes in the world. The DJIA tracks 30 major state-owned companies in the United States. Additionally, it serves as a barometer of the overall health of the U.S. economy and provides insight into the performance of the broader stock market.
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When discussing Dow Jones Industrial Average Stockswe are talking about the 30 blue-chip companies that make up the index. These companies are industry leaders and are known for their long history, stability and significant impact on the US economy.
Investing in Dow Jones Industrial Average stocks is often attractive to individuals who want to benefit from the consistent performance of established companies. While these stocks, like all investments, can provide stability, they also come with risks. That said, potential investors should consider their own risk tolerance and financial situation before diving in. With this in mind, let’s take a look at three Dow Jones Industrial Average stocks to watch in the stock market today.
Dow stocks to invest in [Or Avoid] Straight away
Apple Inc. (AAPL shares)
To start, Apple Inc. (AAPL) is a global technology company that designs, manufactures and sells a range of electronic products, software and services. Some of the most recognizable products are the iPhone, iPad and Mac computers. In addition to hardware, Apple also operates the App Store, iCloud and Apple Music platforms.
Earlier this month, Apple announced the launch of its first-ever carbon-neutral products with the unveiling of the new Apple Watch range. These significant advances were achieved through innovations in design and the use of clean energy, leading to a reduction in product emissions of more than 75% for each carbon-neutral Apple Watch. This initiative is part of Apple’s broader 2030 climate goal, which aims for every product, including the entire global supply chain and lifetime use of every device, to be carbon neutral by the end of the decade.
Looking at the last six months of trading, Apple shares are up 9.49%. Meanwhile, AAPL shares opened 1.58% lower at $173.30 per share during Tuesday morning’s trading session.
The Boeing Company (BA share)
Next one, The Boeing Company (BA) is an aerospace and defense giant that designs and manufactures aircraft, missiles, satellites and telecommunications equipment. With customers around the world, Boeing products play a critical role in commercial air traffic, defense and space exploration.
In July, Boeing announced better-than-expected financial results for the second quarter of 2023. Diving in, the company posted a loss of $0.82 per share, with revenue of $19.75 billion for the second quarter of 2023. This compares to analyst consensus estimates for the quarter, which called for a loss of $0 .99 per share, and a revenue estimate of $18.29 billion. Moreover, sales increased by 18.40% compared to the same period last year.
Over the past six months of trading action, shares of BA stock have retreated modestly by 1.32%. Additionally, Boeing stock is trading at $197.92 per share during Tuesday morning’s trading session.
The Coca-Cola Company (KO share)
Finally, The Coca-Cola Company (KO) is a beverage company. The company produces and distributes a variety of non-alcoholic beverages worldwide. It is best known for its flagship product, Coca-Cola. However, its portfolio includes more than 500 brands, including soft drinks, juices and water.
Last week, The Coca-Cola Company announced that they will release their third quarter 2023 financial results on October 24, ahead of the opening of the New York Stock Exchange. Following the release, the company has scheduled an investor conference call at 8:30 a.m. ET to further discuss the announced results.
Over the past six months, shares of KO stock have fallen 7.82%. Additionally, Coca-Cola stock is trading slightly lower, down 0.79%, at $56.55 per share during Tuesday’s mid-morning trading session.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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