These Stocks Helped the Dow Eke Out a Win

The market's tug-of-war continued today, as investors have one more day to wait before the Federal Reserve weighs in on whether it will once again dump stimulus into the economy through another round of quantitative easing. Despite early gains on positive news from Germany about its role in the efforts to keep the European economy afloat, the market wasn't able to avoid worries about what could happen if the Fed doesn't come through with QE3. By the close, the Dow Jones Industrials (INDEX: ^DJI  ) had pared its gains to just 10 points.

Some Dow stocks were winners, though. Verizon (NYSE: VZ  ) led the market higher, rising 1.5% as the long-awaited iPhone 5 finally made its public debut. Verizon's CFO, though, said that the mobile giant wouldn't suffer big profit-margin compression as a result of the release, in part because customers are choosing plans with larger-than-expected data options.

General Electric (NYSE: GE  ) also picked up 1.4% on the day. As Fool analyst Dan Dzombak noted earlier today, the FDIC chose not to take action today on GE's proposal to buy the banking business of MetLife (NYSE: MET  ) . Given GE's success in emphasizing its core businesses, the MetLife Bank acquisition doesn't quite fit, but GE's Capital division is a lot healthier than it was during the financial crisis.

Finally, Travelers (NYSE: TRV  ) gained almost 1%. Low interest rates have been problematic for the entire insurance industry, as low-interest bonds don't generate as much income on premium float, leaving insurers scurrying for replacement income. But rising premium rates should help the company improve its results, as long as the hurricane season ends on a quiet note.

Be a winner
Even a small gain is still a gain, and the right stocks can give you even better results over the long haul. General Electric has been a stalwart over the decades, but recent troubles have called that position into question. Is GE still a smart investment? Find out by reading our premium report on GE today.

Fool contributor Dan Caplinger doesn't own shares of the companies mentioned in this article. You can follow him on Twitter, @DanCaplinger. 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 (1)

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.

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: 2015082, ~/Articles/ArticleHandler.aspx, 11/24/2014 8:00:23 PM

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...


Advertisement