The Stocks That Pushed the Dow Higher Today

The Dow just barely moves into the black to continue its three-day winning streak.

Feb 10, 2014 at 9:00PM

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

What American Express and Walt Disney couldn't do by themselves for the Dow Jones Industrial Average (DJINDICES:^DJI), Coca-Cola (NYSE:KO), Johnson & Johnson (NYSE:JNJ), and Travelers (NYSE:TRV) pitched in and got the job done, pushing the index into the green for the day. Let's first see what happened to the Dow and the other major indexes today, and then we'll look at why those three stocks in particular rose.

The Dow gained 7.71 points, or 0.05%, today after 17 of its 30 components ended the day with a gain. But it was still the worst performing of the major U.S. indexes, as the S&P 500 gained 0.16% and the Nasdaq jumped 0.54%. These moves all came on very little economic news, but all three indexes have been on a three-day upswing following a better-than-expected jobless-claims report on Thursday.

Now let's dig into why Coke, Johnson & Johnson, and Travelers moved higher today.

Coke closed the session up 1.63%, again on very little news. It's possible that investors are reacting to last week's announcement that Coke is taking a 10% ownership stake in Green Mountain Coffee Roasters (NASDAQ:GMCR), now that they've had time to consider the long-term implications. The deal also gives Green Mountain exclusive rights for 10 years to Coke's brand for single-serve products. I think it's a great move for both companies, but after reading my colleague Brian Shaw's piece on the topic, I really see the benefits for Coke. Brian notes that when SodaStream entered the single-serve market a few years ago, no one thought it would work. But with the major soda producers now seeing declining volumes, Coke has essentially beaten its closest competitor, PepsiCo, to a new market segment and growth opportunity. That first-mover advantage should help Coke put some distance between itself and Pepsi, which will allow it to maintain its dominant position within the industry.

Meanwhile, Johnson & Johnson rose 1.14% today, which puts shares just 0.57% lower than were they started 2014. That's good enough to make it the sixth best performing Dow component year to date, while the Dow itself is down 4.67% this year. With volatility on the rise, investors are no doubt attracted to the consistent growth and reliability of J&J's stock price and dividend.

That move toward safety is probably what helped Travelers climb 1.82% today. My colleague Rupert Hargreaves wrote today that the insurance company may be Warren Buffett's next acquisition target. Buffett loves the insurance business because of the amount of cash it throws off, and Berkshire Hathaway already owns other insurance companies, so transitioning Travelers into the Berkshire portfolio would be fairly painless. One great thing about the insurance business, as investors and Buffett both know, is that even if the economy tumbles, property will still need to be insured.

Looking for the next big thing? Look no further.
Opportunities to get wealthy from a single investment don't come around often, but they do exist, and our chief technology officer believes he's found one. In this free report, Jeremy Phillips shares the single company that he believes could transform not only your portfolio, but also your entire life. To learn the identity of this stock for free and see why Jeremy is putting more than $100,000 of his own money into it, all you have to do is click here now.

Matt Thalman owns shares of Berkshire Hathaway and Johnson & Johnson. The Motley Fool recommends Berkshire Hathaway, Coca-Cola, Green Mountain Coffee Roasters, Johnson & Johnson, PepsiCo, and SodaStream and owns shares of Berkshire Hathaway, Coca-Cola, Johnson & Johnson, PepsiCo, and SodaStream. 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 Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.


Compare Brokers