The 8 best per­form­ing Dow stocks of 2015

Financial Mirror (Cyprus) - - FRONT PAGE -

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.

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