Series of Dow Jones Stocks to Buy or Watch in January 2021
The Dow Jones Industrial Index, keeping pace with the current rise of the stock market, reached record levels again in this period past half of January.
The most important Dow Jones shares to watch in January 2021; Apple, Microsoft and Visa (V).
As we move into the first month of 2021, the winners and losers are clear. The highest performing Dow Jones shares in 2020 were Apple (AAPL) with 80.8 percent, Microsoft (MSFT) with 41 percent and Nike (NKE) with 39.6 percent progress.
The biggest losers in 2020 were Boeing (BA) with 34.3 percent, Walgreens Boots Alliance (WBA) with 32.4 percent and Chevron (CVX) with a drop of 29.9 percent.
The stock market rise in the middle of the coronavirus pandemic has benefited the technology-heavy Nasdaq. It finished 2020 with an increase of 43.6 percent, its best year since 2009. In 2020, the S&P 500 rose 16.3 percent, while the Dow Jones Industrial Average rose 7.2 percent.
What is the Dow Jones Industrial Average?
Dow Jones Industrial Average, founded with 12 stocks in 1896, is one of the oldest stock market indices. There are 30 Dow Jones shares designed to stand out for the general US stock market. Other important stock market indices include the technology-weighted Nasdaq and the S&P 500 index, which is the index of the 500 largest companies in the USA.
Series of Dow Jones Stocks to Buy or Watch
| Company | 2020 YTD Performance | Symbol | Closing Price |
| Apple | +80.8% | (AAPL) | 132.69 |
| Home Depot | +21.6% | (HD) | 265.62 |
| Microsoft | +41.0% | (MSFT) | 222.42 |
| Nike | +39.6% | (NKE) | 141.47 |
| Salesforce.com | +36.8% | (CRM) | 222.53 |
| Visa | +16.4% | (V) | 218.73 |
According to the big picture drawn by the IBD, during the current rise of the Stock Market, investors should continue to use the stock market’s power to make purchases in breakouts. You can start slowly with new purchases. Depending on how they perform, you can add more poses.
When the breaks start to fail, you can retreat.
Among the potential Dow Jones stocks that could be bought or watched in January 2021, Apple, Microsoft and Visa occupy the top positions.
Series of Dow Jones Stocks to Buy or Watch in January 2021
Source: https://www.investors.com/
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