3 Dow Stocks That Soared on a Lousy Day

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Today was another up and down day for the stock market, and this time, the pessimists won out. With some troubling economic data on U.S. retail sales and producer prices, the threat of another dip down into recession is still on the table. Europe also remains a factor, with investors desperately hoping for some resolution from the scheduled elections in Greece this weekend. In all likelihood, though, it'll take a lot longer than a few days to figure out the future of the global economy, and so it's no surprise that the Dow Jones Industrials (INDEX: ^DJI  ) ended up falling 79 points to close below 12,500.

In some recent losing sessions, it's been hard to find any Dow stocks that bucked the trend. But today, several winners emerged from the fray. Leading the gainers was Johnson & Johnson (NYSE: JNJ  ) , which rose more than 2% after getting a rash of good news. Analyst upgrades followed a couple of key events: positive results for its canagliflozin diabetes treatment, along with a restructured buyout offer for Swiss medical-device company Synthes that avoided what could have been a dilutive secondary stock offering and will help the company save on U.S. taxes.

JPMorgan Chase (NYSE: JPM  ) was also strong, finishing up more than 1.5%. Investors seemed quite satisfied with the performance of CEO Jamie Dimon in his Congressional testimony today, as he was able to make extended comments about bank regulation generally rather than solely getting mired in comments about the company's losses from bungled trades. The bigger question for shareholders should be how long the bank keeps its buybacks suspended pending the trade's final resolution.

Finally, McDonald's (NYSE: MCD  ) rose about 0.5% despite getting downgraded by Goldman Sachs. Goldman argues that despite McDonald's leadership role in the industry, concerns about the pace of growth in Asia and the U.S. as well as headwinds from Europe could hold the stock back. The stock has already dropped more than 10% since its highs near the beginning of the year after a big run caused shares to nearly double since early 2009, so a pause for McDonald's isn't completely unreasonable.

Make the smart choice
As today's market shows, some Dow stocks are better than others. Find out which ones we like best in The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's hot off the presses and completely free -- get your copy today.

Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter, @DanCaplinger. The Motley Fool owns shares of JPMorgan Chase and Johnson & Johnson. Motley Fool newsletter services have recommended buying shares of McDonald's and Johnson & Johnson, as well as creating a diagonal call position in Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (9)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1912051, ~/Articles/ArticleHandler.aspx, 5/27/2016 4:46:09 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 7 hours ago Sponsored by:
DOW 17,828.29 -23.22 -0.13%
S&P 500 2,090.10 -0.44 -0.02%
NASD 4,901.77 6.88 0.14%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/26/2016 4:32 PM
^DJI $17828.29 Down -23.22 -0.13%
JNJ $112.90 Down -0.45 -0.40%
Johnson & Johnson CAPS Rating: *****
JPM $65.03 Down -0.49 -0.75%
JPMorgan Chase & C… CAPS Rating: ****
MCD $123.79 Up +0.53 +0.43%
McDonald's CAPS Rating: ***