Apple sells, while Nvidia dips below the buy point
Best Dow Jones Stocks to Watch in January 2025 As Dow Jones Industrial Average Looks to Add to Last Year’s Strong Gains Amazon.com (AMZN), Apple (APL), Nivea (NVDA), sales force (CRM) and Walt Disney (DIS).
By early January 2025, there are clear winners and losers. The top three showing blue chip stocks in 2024 were Nvidia. Walmart (Wmt) and American Express (AXP), posting growth of 171.2%, 71.9% and 58.4% respectively.
↑
X
Stocks reduce losses to close the mix; Planet Fitness, Wix, Baker Hughes in Focus
They were the worst three Dow Jones stocks in 2024. Boeing (B.A), Nike (of) and I believe (AMGN), respectively 32.1%, 30.3% and 9.5% reduction.
For 2024, the S&P 500 is up 23.3%, while the Dow Jones Industrial Average is up 12.9% for the period. And the Nasdaq has rallied 28.6% in 2024.
What is the Dow Jones Industrial Average?
In the year Founded in 1896 by 12 stocks, the Dow Jones Industrial Average is one of the oldest stock market indexes. There are 30 Dow Jones stocks designed to serve as a bellwether for the overall US stock market. Other major stock indexes include the technology-heavy Nasdaq Composite and the S&P 500 Index – an index of the 500 largest companies in the US.
The best Dow Jones stocks to watch
Company name | sign | Closing price | 2024 performance |
---|---|---|---|
Apple | (APL) | 250.42 | + 30.1% |
Nivea | (NVDA) | 134.29 | + 171.2% |
sales force | (CRM) | 334.33 | + 27.1% |
Amazon | (AMZN) | 219.39 | + 44.4% |
Disney | (DIS) | 111.35 | + 23.3% |
Source: IBD data as of December 31, 2024
Amid the current stock market action — according to IBD’s Big Picture — investors should focus on stocks that are showing strong relative strength. If the Dow Jones Industrial Average can extend its gains, these could remain market leaders in 2025.
The best Dow Jones stocks to watch in January 2025 include Amazon, Apple, Disney, Nvidia and Salesforce.
Cracks are appearing in Nvidia’s AI Armor. What should an investor do?
Amazon rallies to new highs
Amazon has risen to new highs in recent weeks, above a 201.20 buy point. And the stock fell 0.8% on Tuesday, hitting a 10-week low.
On Oct. 31, Amazon reported adjusted earnings of $1.43 billion on sales of $158.9 billion for the quarter ended September. Analysts polled by FactSet in Seattle, Wash. The company is forecast to post adjusted earnings of $1.14 billion on sales of $157.3 billion.
How Apple, Nvidia and Microsoft are heading to 2025
Dow Jones Leader: Apple Stock Dives Below Key Level
Among the Dow Jones stocks in the Magnificent Seven, Apple shares fell 0.8% on Tuesday.
Shares of Apple fell below the 237.49 buy point on a flat basis and are providing support at their 50-day line.
Nvidia stock slides
Nvidia shares fell 2% on Tuesday, after a double-bottom entry at 146.54. Shares are also well below their 50-day line.
In recent weeks, Nvidia beat Wall Street targets for its fiscal third quarter, but its sales outlook for the current period was slightly higher than expectations.
The tech titan is an IBD leaderboard stock.
Salesforce has dropped support
Software leader Salesforce rose to new highs in recent weeks after the company reported third-quarter earnings that missed estimates amid a one-time investment loss, with revenue and key metrics coming in above expectations. Salesforce seems to be getting a lot of interest in its new artificial intelligence products, analysts say.
Shares of Salesforce rose 1.1% on Tuesday, still below their 50-day line.
They have the ‘apps’ – so do Palantir and 26 other stocks
Disney stock eyes buying point
Disney is approaching the 118.63 buy point in the cup with handle. MarketSurge pattern recognition.
Shares fell 0.1% on Tuesday, below their 50-day line.
Tip: Before making investment decisions, be sure to check Current market conditionsAnd use it IBD Stock Check To see if your stock scores well for the most important fundamental and technical requirements. For ongoing chart analysis and trade signals, see special features, stock details and chart explanations at Marketing promotionsteering board and swing tread.
Be sure to follow Scott Lehton on X/Twitter @IBD_SLehtonen For more on Dow Jones stocks and the stock market.
You may also like:
High growth stocks to buy and watch
Learn how to beat the market with IBD’s ETF Market Strategy
Find the best long-term investments with IBD’s long-term leaders
Looking for the next big stock market winners? Start with these 3 steps
Nvidia Partner AI Megatrends rides to 3,594% profit – more to come