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This Week's Top Stocks on the Dow

Travis Hoium
April 26, 2014

U.S. stock markets had a wild week, climbing early in the week only to plunge on Friday as traders sold on increased tensions in Ukraine. Economic data continues to be decent but not spectacular, and we're seeing more and more evidence of a slowdown in housing, but earnings are still strong so investors shouldn't be worried at this point.

When it was all said and done, the Dow Jones Industrial Average (DJINDICES: ^DJI) fell 0.29% for the week and the index continues to march sideways for 2014.

A slowdown in housing growth shouldn't be a big negative for Home Depot.

Home Depot (NYSE: HD) was actually the Dow's best stock with a 3% gain this week. The stock was up big early this week after BMO Capital Markets upgraded the stock to outperform, saying the stock could jump 25% in coming months. As I mentioned, the stock jump and the upgrade come as housing data is getting worse in the United States. The Census Bureau said this week that new home sales fell 14.5% in March to a seasona