For over 128 years, the Dow Jones Industrial Average has been Wall Street's premier health barometer.
Starting with 12 industrial companies, it has evolved into a 30-component index of multinational firms known for long-term investor returns.
As we enter the second half of 2024, three standout Dow stocks are Coca-Cola, Johnson & Johnson, and Amazon.
Coca-Cola remains robust despite inflation concerns, benefiting from global brand strength and diversified operations across nearly every country.
Johnson & Johnson faces legal challenges but maintains financial resilience with strong cash flow and a focus on pharmaceuticals and medical devices.
Amazon, despite potential recession fears, thrives on diverse revenue streams including AWS, subscription services, and advertising, supported by its massive customer base and strategic content deals.
These companies offer stability and growth potential, trading at attractive valuations compared to historical averages.
Ray Dalio, the billionaire investor behind Bridgewater Associates, has taken aim at the growing obsession with meme stocks, warning that investors are falling for trends while ignoring the fundamentals.
The Bank of Japan (BOJ)’s upcoming monetary policy meeting, set for June 16–17, could be the next major catalyst for global risk assets, including stocks and cryptocurrencies like Bitcoin.
Mark Skousen, the economist who foresaw the 1987 market collapse, believes the current financial environment is entering a precarious phase.
Across Asia, the U.S. dollar is rapidly losing ground as countries intensify efforts to reduce reliance on the greenback.