In the video below, Fool.com contributor Morgan Housel and Austin Smith discuss those stocks that are responsible for the Dow's 7.3% year-to-date gain. Five companies in particular stand out as major drivers: Home Depot (NYS: HD) , JP Morgan (NYS: JPM) , Travelers Insurance, Disney, and Wal-Mart. Of these five, Morgan looks at two in particular that stand out to him: Home Depot and JPMorgan.
Morgan believes Home Depot's run indicates that we are in fact at a true bottom in housing, while JPMorgan remains a sharply discounted stock in a cheap sector today.
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The article The 5 Stocks That Are Driving the Dow originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. Fool contributor Morgan Housel owns shares of Wal-Mart Stores. The Motley Fool owns shares of Bank of America and JPMorgan Chase & Co. Motley Fool newsletter services recommend The Home Depot and Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.