The Dow Jones Industrial Average (DJIA), is the top 30 Blue Chip stock whose performance is averaged each day of trading on the stock market. The components of the Dow Jones Industrial Average reads like a who is who in the stock market.
Currently, the top 30 stocks are doing quite well on the stock market. Due to the small number of stocks that make up the DJIA all it takes it a few of the stocks to take a dive and the overall average can take a dip. It is good to analyze the sectors that make up the components of the Dow Jones Industrial Average.
Direct consumer contact stocks in Dow Jones Industrial Average:
It should be no surprise to most people that Wal-Mart Stores Inc is a component of the Dow Jones Industrial Average. Over the past three years the price of Wal-Mart had a price adjustment due to various management decisions. The $52 to $58 per share days of 2005 has seen a drop to $43 in 2007. This stock is expected to reach the $52 range again in the foreseeable future.
Another solid past performer Home Depot is trying to make a rebound from concerns about the housing market. Recently, Home Depot has seen some return to the range where it should be trading. It closed recently in the $38 range and should see some improvements to the mid $40 range.
