This Week's Top Dow Stocks
It was another holiday-shortened week on Wall Street, and volume was light as a result. Combine that with little economic news of note, and the Dow Jones Industrial Average fell just 8.42 points this week. Next week the market will be back to a more normal flow, and earnings season will begin as well. Following are the three stocks that had the best week on Wall Street.
Disney led the Dow by a wide margin after gaining 2.4%. The animated feature Frozen nearly stole the top spot at the box office last weekend with $28.8 million in domestic ticket sales. That's impressive, considering the movie came out a month ago. This adds another asset to the likes of Marvel, Pixar, and Star Wars to generate revenue from media outlets and theme parks in the future. The box office is the first in a long line of value creators for Disney but it's also the most important part of the value chain to get right.
Goldman Sachs was up 1% to start the year. It could be a tumultuous year if regulators turn their attention from JPMorgan Chase, which paid billions in fines last year, to other banks this year. Goldman Sachs has always seemed to be above the fray and has thus far avoided much fallout from the financial crisis, but we don't know what will pop up next year. Of course, that doesn't mean bank stocks won't do well, as JPMorgan displayed last year.
Third on the Dow this week was IBM , which was up 0.8%. IBM was the worst performer on the Dow last year, but it comes into 2014 with interesting prospects. The stock trades at 12.9 trailing earnings and 10.4 times what analysts expect for this year. If IBM can perform better in 2014, this could be a leading stock on the market. That will likely depend on what corporate spending does and if the global recovery takes hold, but there could be worse ways to play a recovery than a tech power like IBM.
One key to beating the market long-term
One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks as a group handily outperform their non-dividend paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks in particular are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. To learn the identity of these stocks instantly and for free, all you have to do is click here now.
The article This Week's Top Dow Stocks originally appeared on Fool.com.Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Walt Disney and owns shares of IBM, JPMorgan Chase, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.