Dow's Top 3 Stocks This Week

The week started with fear that Cyprus wouldn't reach a bailout agreement, and it ended with no such agreement. But Mr. Market didn't blink an eye, and the Dow Jones Industrial Average (DJINDICES: ^DJI  ) fell just 2 points for the week and the S&P 500 (SNPINDEX: ^GSPC  ) fell a whopping 4 points, or 0.24% for the week. At least there were a few stocks moving significantly higher this week.

Hewlett-Packard (NYSE: HPQ  ) was up 3.9%, driven by a 10% dividend bump. On Thursday, the company announced that it will pay investors $0.1452 per share quarterly, a 2.5% dividend yield. Shareholders also re-elected board members who were under fire since the Autonomy debacle came to light. It was a close vote, and shareholders have now put the board on notice. HP has a long way to go to reach a full recovery, but a higher dividend is a sign that management thinks it's on the right track.

Coca-Cola (NYSE: KO  ) jumped 3.1% this week as investors took money out of bank stock and put it in safer consumer-goods stocks. Ironically, this week the American Heart Association released a study that says 180,000 deaths each year can be associated with sugary drinks and sodas. Coca-Cola is one of the main providers of those drinks worldwide, although I doubt Coke drinkers will read the study and put down their soda for heath reasons.  

Wal-Mart (NYSE: WMT  ) rounds out the top three on the Dow this week, gaining 2.5%. The company announced the expansion of Scan & Go, a program for iPhone users that allows them to scan items and use self-checkout stations. The company will add 130 stores to the 70 that currently have the program, and they're also working on an Android app. Retailers are adapting to more tech-savvy consumers and this is one of the adaptations Wal-Mart is testing. So far, it looks as if customers are responding positively to Scan & Go.

If you're looking for some long-term investing ideas, you're invited to check out The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's absolutely free, so simply click here now and get your copy today.


Read/Post Comments (0) | Recommend This Article (6)

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: 2328717, ~/Articles/ArticleHandler.aspx, 11/28/2014 2:16:19 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 1 day ago Sponsored by:
DOW 17,827.75 12.81 0.07%
S&P 500 2,072.83 5.80 0.28%
NASD 4,787.32 0.00 0.00%

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

11/26/2014 4:31 PM
^DJI $17827.75 Up +12.81 +0.07%
DOW JONES INDUSTRI… CAPS Rating: No stars
^GSPC $2072.83 Up +5.80 +0.28%
S&P 500 INDEX CAPS Rating: No stars
HPQ $39.16 Up +1.53 +4.07%
Hewlett-Packard Co… CAPS Rating: ***
KO $44.29 Up +0.17 +0.37%
Coca-Cola CAPS Rating: ****
WMT $84.98 Up +0.03 +0.04%
Wal-Mart Stores CAPS Rating: ***

Advertisement