The 8 best performing Dow stocks of 2015
Eight Dow stocks have made stellar performances in 2015, but they have obviously gone above and beyond the performance of the market, especially with the flat year so far.
Over the course of the past year, all of these top Dow Jones Industrial Average stocks have outperformed the broad markets and each one has risen for different reasons. HD) has been on an absolute tear for the past few years. As a leader in home improvement, it’s hard to believe that this retailer would ever fall out of favour with consumers barring something catastrophic like the hack it suffered in 2014. However, strong fundamentals, earnings and a solid balance sheet make this stock a top performer in 2015.
In the past year, the stock has risen 27.6%. Shares of Home Depot closed last week at $131.31. The consensus analyst price target is $141.00, and the 52-week range is $92.17 to $135.47.
Looking ahead to 2016 earnings, it has a multiple of 21.2, compared to the current price. ahead to 2016 earnings, Microsoft has a multiple of 17.6, compared to the current price.
The strong dollar benefited Visa Inc. (NYSE: V) this year. When the company acquired its European arm, this added a whole new stream of revenue, and with the weakening euro, Visa gained across the board.
Visa stock has risen 18.6% year to date. Shares last closed at $77.17, with a consensus price target of $86.47 and a 52week range of $60.00 to $81.01. Looking ahead to 2016 earnings, Visa has a multiple of 23.0, compared to the current price.