These are the best-performing Dow stocks this summer. Where analysts see them going

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

These are the best performing stocks in the Dow Jones Industrial Average from Memorial Day, and analysts are remaining optimistic.

The summer has been good for the Dow Jones Industrial Average . Since Memorial Day, the 30-stock benchmark is up more than 3%, as some tech and non-tech names gain traction. The question for many on Wall Street is where does the Dow go from here. To help answer it, CNBC Pro searched for the best-performing Dow stocks since May 29. We also looked at how well these names are liked by analysts — and how well they are expected to fare going forward.

mountain Intel stock from May. Boeing also made the list, with shares climbing a similar 13% since Memorial Day. Last month, Boeing reported second-quarter results that exceeded analyst expectations. The company also said it delivered more than 136 planes during the period, up from 121 in the second quarter of 2022. More than half of analysts polled by FactSet have Boeing rated as a buy, and their average price targets imply roughly 13% upside for shares in the next 12 months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow slips as consumer staples, energy fall to offset tech By Investing.comStock market today: Dow slips as consumer staples, energy fall to offset tech
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market News Today: Nasdaq Closes Higher, Dow Slips; Tesla and Zoom Stocks in FocusLive updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »

Stock market today: Dow ends lower on rout in retailers, rumble in regional banks By Investing.comStock market today: Dow ends lower on rout in retailers, rumble in regional banks
Source: Investingcom - 🏆 450. / 53 Read more »