Dissecting the Dow Jones Industrial Average: Part 2

2021-07-28

Introduction – Dow Jones

In part 1 I looked at the most reasonably valued 10 stocks out of the 30 Dow Jones Industrial Average Constituents.  In this part 2, I examine the second tier of 10 Dow stocks that are overvalued generally to illustrate how richly valued the market is.

It is important to point out that the 30 Dow Jones Industrial Average stocks represent some of the highest quality companies on the planet.  However, it is also important to recognize and accept the undeniable reality that even the best companies can become overvalued from time to time.  But even more importantly, in the long run, fundamental values reign supreme.  The point is to avoid initiating investment when valuations are high and patiently wait for your favorite companies inevitably returning to intrinsic value.  The rewards will be worth the wait.

In this video I will be going over Cisco Systems (CSCO), Johnson & Johnson (JNJ), 3M Co. (MMM), UnitedHealthcare (UNH), Caterpillar (CAT), Procter & Gamble (PG), Walmart (WMT), Home Depot (HD), American Express (AXP), Coca Cola (KO)

Dow Jones Portfolio
FAST Graphs Portfolio Review Dow Jones
FAST Graphs Analyze Out Loud Video

Disclosure: Long JNJ, CSCO, MMM at the time of writing.

Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.

Try FAST Graphs for FREE Today!

SUBSCRIBE to our YouTube Channel

Click here for our Research Articles

Unlock data on thousands of companies

Disclaimers: F.A.S.T. Graphs, Inc. is not a broker-dealer or a registered investment adviser. Under no circumstances does any information on Fastgraphs.com constitute a recommendation to buy or sell a security, nor does it give investment advice. This is to include any publications or articles on Fastgraphs.com. Fastgraphs.com is a research tool to be used by its subscribers in conjunction with the subscribers’ additional research and due diligence. The information on this site is in no way guaranteed for completeness or accuracy.