These 3 Stocks Might as Well Not Even Be in the Dow Jones Industrials
The Dow Jones Industrials (DJINDICES: ^DJI) have had a strong 2017, adding to their gains over the past nine years and rewarding those investors who stuck with the stock market in the aftermath of the financial crisis. Yet even though the Dow has 30 stocks that are among the largest and most influential in the U.S. economy, the fact that the index is a price-weighted average means that some of its components have almost no impact on the Dow's movements.
In particular, the share prices of Pfizer (NYSE: PFE), Cisco Systems (NASDAQ: CSCO), and General Electric (NYSE: GE) have gotten so low in relation to their peers in the Dow that they almost might as well not be in the average at all. Below, we'll take a closer look at these three companies to see how they're actually doing in light of the Dow's solid performance this year.
Source: Fool.com
General Electric Co. Stock
With 35 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 9.46% for General Electric Co. compared to the current price of 148.0 €.
