BMO Capital downgraded DOW (NYSE:DOW) from “Market Perform” to “Perform” with a current stock price of $40.09.
The Dow Jones Industrial Average, including DOW, is expected to underperform compared to the S&P 500 and Nasdaq Composite despite its appeal for stability and dividends.
DOW’s market capitalization stands at approximately $27.72 billion, with a recent price decrease reflecting market volatility.
On December 25, 2024, BMO Capital downgraded DOW (NYSE:DOW) from “Market Perform” to “Perform,” with the stock priced at $40.09. This change was reported by Benzinga in an article titled “Top 7 Blue-Chip Stocks With The Best Return Potential Going Into 2025.” DOW is a part of the Dow Jones Industrial Average, a collection of blue-chip stocks known for their stability and dividends.
As 2024 ends, the Dow Jones Industrial Average is expected to underperform compared to the S&P 500 and Nasdaq Composite. Over the past five years, the Dow has returned 68.2%, which is lower than the S&P 500’s 102.8% and Nasdaq’s 132.7%. Despite this, Dow stocks remain attractive for their stability and dividends, appealing to investors seeking quality blue-chip companies.
DOW’s current price on the NYSE is $39.60, reflecting a decrease of approximately 1.09% from the previous day. The stock has seen a decline of $0.44 today, with a trading range between $39.23 and $39.92. Over the past year, DOW’s price has fluctuated between a high of $60.69 and a low of $38.85, indicating some volatility.
The company’s market capitalization is approximately $27.72 billion, with a trading volume of 5,158,785 shares. Despite the recent downgrade and price fluctuations, DOW remains a part of the Dow Jones Industrial Average, which includes industry leaders like McDonald’s, The Home Depot, and Chevron. These companies are valued for their stability and potential to generate passive income through dividends.
For investors interested in passive income, dividend stocks like McDonald’s, The Home Depot, and Chevron are worth considering. An investment of $3,500 in each of these Dow stocks could yield over $325 in passive income in 2025. This highlights the appeal of Dow stocks for those seeking steady returns in uncertain markets.
