5 Dow Jones Stocks To Buy And Watch In December 2021: Apple, Microsoft Sell Off

2 years ago 451

The Dow Jones Industrial Average ended November sharply disconnected its grounds highs, arsenic the existent banal marketplace rally weakened. The champion Dow Jones stocks to bargain and ticker successful December 2021 are Apple (AAPL), Cisco Systems (CSCO), Goldman Sachs (GS), Home Depot (HD) and Microsoft (MSFT).

X

There are wide winners — and losers — astatine the commencement of the last period of 2021. The apical 3 performing Dow Jones stocks done Dec. 7 were Home Depot, Goldman Sachs and Microsoft with advances of 56.7%, 51.7% and 50.6%, respectively.

The 3 biggest Dow Jones losers done Dec. 7 were Disney (DIS), Verizon Communications (VZ) and Amgen (AMGN) with declines of 16.8%, 13.6% and 8.1%, respectively.

Amid the existent banal marketplace correction, the tech-heavy Nasdaq finished November up 20.6%. The S&P 500 was up 21.6%, portion the Dow Jones Industrial Average was up 12.7% done Nov. 30.


IBD Live: A New Tool For Daily Stock Market Analysis


What Is The Dow Jones Industrial Average?

Founded successful 1896 with 12 stocks, the Dow Jones Industrial Average is 1 of the oldest banal marketplace indexes. There are 30 Dow Jones stocks designed to service arsenic a bellwether for the wide U.S. banal market. Other large banal indexes see the technology-heavy Nasdaq composite and the S&P 500 scale — an scale of the 500 largest companies successful the United States.

Best Dow Jones Stocks To Buy And Watch

Company Name Symbol Closing Price 2021 YTD Performance
Apple (AAPL) 165.30 +24.6%
Cisco Systems (CSCO) 54.84 +22.55%
Goldman Sachs (GS) 380.99 +44.5%
Home Depot (HD) 400.61 +50.8%
Microsoft (MSFT) 330.59 +48.6%
Source: IBD Data As Of Nov. 30, 2021

Amid the existent banal marketplace correction — according to the IBD Big Picture — investors should absorption connected the apical stocks that amusement strong comparative strength during banal marketplace weakness. They could beryllium immoderate of market's leaders if the Dow Jones Industrial Average is capable to rebound. Investors should inactive beryllium processing watchlists, and debar making caller purchases until the market's existent rally effort stages a follow-through day.

Potential Dow Jones stocks to bargain and ticker successful December 2021 that are successful oregon adjacent bargain zones see Apple, Cisco Systems, Goldman Sachs, Home Depot and Microsoft.


Stock Market ETF Strategy And How To Invest


This Dow Jones Stock Leader Above New Buy Point

Apple shares are extended past a cup with handle's 153.27 buy point pursuing past week's rally. The 5% bargain country topped retired astatine 160.93. Apple banal sold disconnected 1.3% Tuesday contempt an expert upgrade. BofA Securities upgraded the banal from neutral to bargain and raised its terms people from 160 to 210.

According to the IBD Stock Checkup, Apple banal shows a beardown 97 retired of a best-possible 99 IBD Composite Rating. The Composite Rating — an casual mode to place apical maturation stocks — is simply a blend of cardinal cardinal and method metrics to assistance investors gauge a stock's strengths.

Cisco Systems Stock

Cisco Systems is trying to interruption retired past a double bottom's 58.73 bargain point, according to IBD MarketSmith illustration analysis. Shares are backmost beneath the bargain point.

CSCO banal fell 2% Tuesday.

Goldman Sachs Stock

Dow Jones banal Goldman Sachs moved up 1.3% Tuesday and is beneath its cardinal 50-day line.

Goldman Sachs banal triggered the 7%-8% nonaccomplishment rule from a level base's 420.86 bargain constituent and is forming a caller base.

Home Depot Stock

Home Depot banal declined 1.4% Tuesday and is beneath a 416.66 bargain constituent successful a three-weeks-tight formation. The location betterment elephantine is astir 5% disconnected caller highs.

On Nov. 16, Home Depot reported net per share up 23% successful the August-October quarter, to $3.92. Revenue roseate astir 10% to $36.82.

Microsoft Stock

Software elephantine Microsoft tumbled 4.2% Tuesday. Shares stay retired of bargain scope supra its latest bargain point. The flat base had a 305.94 bargain point, and the 5% bargain portion topped retired astatine 321.24.

Microsoft is an IBD Leaderboard stock. Per Leaderboard commentary, "Microsoft is bouncing distant from its 50-day moving average. It is rallying aft again aft aggregate down days successful dense volume."

Tip: Before making immoderate concern decisions, beryllium definite to check current marketplace conditions, and use IBD Stock Checkup to spot if your banal gets passing ratings for the astir important cardinal and method criteria. To get ongoing illustration analysis, and alerts to bargain and merchantability signals, cheque retired the unsocial features, banal lists and illustration annotations at MarketSmithLeaderboard and SwingTrader.

Be definite to travel Scott Lehtonen connected Twitter at @IBD_SLehtonen for much connected Dow Jones stocks and the banal market.

YOU MAY ALSO LIKE:

Top Growth Stocks To Buy And Watch

Learn How To Time The Market With IBD's ETF Market Strategy

Find The Best Long-Term Investments With IBD Long-Term Leaders

Looking For The Next Big Stock Market Winners? Start With These 3 Steps

Read Entire Article