Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



These Dow Stocks Defied the Sequester

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Setting new five-year highs has become almost routine for the Dow Jones Industrials (DJINDICES: ^DJI  ) lately. The index overcame an early triple-digit decline to close up 35 points on the day, coming within about 75 points of hitting a new closing high. Even though automatic government spending cuts took effect, the market was able to overcome both domestic and international concerns by focusing on generally favorable U.S. economic data. Broader markets also posted modest gains of around a quarter-percent.

Topping the Dow's gainers was Wal-Mart (NYSE: WMT  ) , which rose 1.4%. Late yesterday, the company gave some interesting news related to its fresh produce business, saying that it helped shoppers save $1.2 billion on fruits and vegetables in 2012. Given the drive toward healthier grocery offerings, Wal-Mart clearly wants to communicate that it isn't ceding the space to specialty grocery chains.

Disney (NYSE: DIS  ) also posted a 1.4% gain as it awaits the release of its long-awaited Great and Powerful Oz blockbuster. As Fool contributor Jessica Ailing noted earlier today, the company is facing a potential proxy fight from large institutional investors who aren't happy about Disney's having unified its CEO and board chairman role under Robert Iger. But with plenty of support from its diversified set of businesses, Disney has put up performance that's hard for shareholders to argue with, especially with the stock trading near all-time highs.

Finally, Deckers Outdoor (NYSE: DECK  ) soared 15% after reporting earnings last night. On its face, the report looked unfavorable, with fourth-quarter income dropping 23% from the year-ago period, and earnings guidance for 2013 coming in on the low end of expectations. But the results beat expectations and, with fears of potentially worse results, investors apparently were relieved that the news wasn't worse, and focused on revenue guidance for the current year that exceeded analysts' projections.

Disney's gains today are just the latest in a long streak of strength for the entertainment company. But can the good times last? Get the answers from the Motley Fool's premium research report on the media giant, in which our experts lay out their case on whether Disney makes sense in your portfolio. This report includes the key items investors must watch, as well as the opportunities and threats the company faces going forward. We're also providing a full year of regular analyst updates as news develops, so don't miss out -- simply click here now to claim your copy today.

Read/Post Comments (0) | Recommend This Article (3)

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: 2289238, ~/Articles/ArticleHandler.aspx, 9/28/2016 10:29:21 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 Moments ago Sponsored by:
DOW 18,239.02 10.72 0.06%
S&P 500 2,160.68 0.75 0.03%
NASD 5,304.56 -1.15 -0.02%

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

9/28/2016 10:14 AM
^DJI $18240.87 Up +12.57 +0.07%
DECK $61.43 Up +0.02 +0.03%
Deckers Outdoor CAPS Rating: ****
DIS $91.80 Up +0.08 +0.08%
Walt Disney CAPS Rating: *****
WMT $71.75 Down -0.58 -0.80%
Wal-Mart Stores CAPS Rating: ***