Yesterday we highlighted the year-to-date performance of the major S&P 500 sector ETFs using a snapshot from our Trend Analyzer tool. Below we take a look at the year-to-date performance of the 30 stocks in the Dow Jones Industrial Average.
Apple (AAPL) currently ranks #1 with a year-to-date gain of 66.2%. At the moment, AAPL is 3.85% above its 50-day moving average but not in overbought territory. It’s in a long-term uptrend channel as well.
Ranking second is the newly-added Dow stock salesforce.com (CRM), which is up 61% year-to-date and 9.5% above its 50-day moving average.
There are four more Dow stocks that are up more than 20% in 2020 — Microsoft (MSFT), Home Depot (HD), Nike (NKE), and Wal Mart (WMT). All four of these stocks are trading in long-term uptrends, but they’re currently trading in overbought territory, which means they’re at least one standard deviation above their 50-day moving averages.
Another four stocks are up more than 10% YTD — Procter & Gamble (PG), McDonald’s (MCD), Caterpillar (CAT), and UnitedHealth (UNH). Then you have Visa (V), Johnson & Johnson (JNJ), and Amgen (AMGN) up on the year but only marginally.
While the S&P 500 is up nearly 8% on the year, the Dow 30 at the index level is actually slightly in the red on the year. Of the 30 members, 13 are up YTD and 17 are down.
The biggest losers in the Dow so far this year have been JP Morgan (JPM), Chevron (CVX), Walgreens (WBA), and Boeing (BA). Each of these stocks is down 25% or more, with BA down the most at nearly 50%. Other notable losers that are down 10%+ include Disney (DIS), Cisco (CSCO), American Express (AXP), and Travelers (TRV). Start a two-week free trial to Bespoke Institutional to access Bespoke’s interactive research dashboard and investor tools.