These Stocks Kept the Dow From Falling Today

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.

If you needed another example of how resilient the stock market has been lately, today's market movements gave you one. After having spent much of the day with substantial losses that sent the Dow Jones Industrials (DJINDICES: ^DJI  ) down 75 points at its worst levels this morning, the Dow battled back, to finish down just a fraction of a point. The broader market didn't manage to regain all of its lost ground, but still finished the day with a modest quarter-percent drop.

Oddly enough, consumer-oriented stocks were the biggest gainers in the Dow, despite negative data on retail sales and consumer sentiment early in the day. Home Depot (NYSE: HD  ) managed to climb more than 2% on an analyst upgrade, as the company has managed to dominate its rivals, and boost its internal efficiency, to take full advantage of improving conditions in the housing market. Meanwhile, McDonald's (NYSE: MCD  ) rose more than 1.5% on news that it had rehired former executive Steve Easterbrook as its global chief brand officer. Given the importance that McDonald's international business has for the fast-food giant's overall success, Easterbrook's presence will be vital in keeping the restaurant chain relevant, not just domestically, but around the world.

Beyond the Dow, drugstore giant Rite Aid (NYSE: RAD  ) jumped another 9%, adding to gains earlier in the week after announcing its first profitable year since 2007. Today's move came on an analyst upgrade, but investors should stay mindful of the fact that Rite Aid still has plenty of challenges ahead, most of all, a substantial debt load that has hampered its recovery in the past. If competitors manage to claw back customers that Rite Aid has won over the past year, then it won't be hard for Rite Aid to fall back into difficulties in the future.

Finally, Beazer Homes (NYSE: BZH  ) advanced nearly 6% after a housing-industry analyst upgraded her views on the homebuilder, as well as several of its peers. With housing prices finally starting to bounce back, it'll be important for Beazer and other homebuilders to secure land for future construction before prices start rising too quickly. To the extent that Beazer has already found land for building, it has a competitive advantage over rivals that may have to pay up for similar places to build.

Will McDonald's keep recovering?
McDonald's turned in a dismal year in 2012, underperforming the broader market by 25 percentage points. Looking ahead, can the Golden Arches reclaim its throne atop the restaurant industry, or will this unsettling trend continue? Our top analyst weighs in on McDonald's future in a recent premium report on the company. Click here now to find out whether a buying opportunity has emerged for this global juggernaut.

Read/Post Comments (0) | Recommend This Article (11)

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: 2361893, ~/Articles/ArticleHandler.aspx, 9/28/2016 2:50:57 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...

Today's Market

updated Moments ago Sponsored by:
DOW 18,315.93 87.63 0.48%
S&P 500 2,167.33 7.40 0.34%
NASD 5,310.07 4.36 0.08%

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 2:35 PM
^DJI $18318.05 Up +89.75 +0.49%
BZH $11.86 Up +0.43 +3.76%
Beazer Homes USA CAPS Rating: **
HD $127.95 Up +1.13 +0.89%
Home Depot CAPS Rating: ****
MCD $114.95 Down -1.93 -1.65%
McDonald's CAPS Rating: ***
RAD $7.81 Down -0.26 -3.22%
Rite Aid CAPS Rating: ****