3 Top Stocks in the Dow Jones Worth Holding in 2024

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Dow Jones Industrial Average ข่าว

Caterpillar Inc,Microsoft Corporation,Alphabet Inc Class A

Stocks Analysis by The Tokenist (Timothy Fries) covering: Dow Jones Industrial Average, Caterpillar Inc, Microsoft Corporation, Alphabet Inc Class A. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

achieved a new all-time high on Thursday at 40,051. The above 39k range was in line with the two DJIA peaks in the second half of March.

This trend will likely continue because USG relies on a debt-based economy. The question is, which DJIA companies are most suited to reap the money flows?) stock has been trading 16x over its earnings. The same price to earnings ratio is expected during 2024, only forecasted to decrease to 15 P/E in 2025. Benefiting from a sustained ramp-up in infrastructure spending, Caterpillar has ties from mining and construction to transportation and oil and gas industries.

In addition to being a wide-moat stock, investors can count on consistently rising CAT dividend payouts. At a 1.48% dividend yield, investors can expect an annual dividend of $5.20 per share. In 2023, Caterpillar returned $7.5 billion in dividends and share repurchases.) gained 29% value year-to-date. It appears that being a more exclusive brand is paying off. Although Visa holds 38.73% of global payment volume compared to American Express’ tiny 4.

Nonetheless, investors can also expect a reliable dividend stream. At present, American Express has a 1.16% dividend yield at a $2.80 annual payout per share. In 2023, American Express returned $1.6 billion to shareholders as dividends.) in market value, MSFT shares have gained 11.3% to $420.99 per share. Over the last 30 days, Microsoft stock has remained relatively flat at 0.6%.

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 /  🏆 450. in TH
 

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Dow Jones, Nasdaq, S&P 500 weekly preview: Apple, Amazon earnings and Fed meetingDow Jones, Nasdaq, S&P 500 weekly preview: Apple, Amazon earnings and Fed meeting
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