The 7 Best Dow Jones Stocks to Buy Today

1. Wal-Mart Stores Inc. (WMT) needs no introduction. We all know about the world’s largest retailer and its massive global store footprint, wide moat and continued earnings power. There’s a reason why it’s included among the thirty Dow Jones stocks. It really has no rivals, except for maybe Amazon.com, Inc. (AMZN). Walmart has gone gangbusters into e-commerce to fend off online shopping. This has included buying Jet.com and a whole host of smaller shopping sites, adding additional online shipping/pickup options and beefing up the number SKUs on Walmart.com. And those efforts seem to be working.

2. Cisco Systems, Inc. The firm is as vibrant as ever and it continues to be one of the best tech companies among the Dow Jones stocks, especially if you’re looking for a hefty dividend payout. Cisco has more-than-quadrupled its dividend over the last years and it currently generates about $12.9 billion in free cash flows.

3. Apple Inc.  What is truly impressive is that Apple still has plenty of ways to keep that pile growing into the future. For one thing, its recent Apple event had plenty of product launches that will help it stream the cash into its coffers. That includes the breathtaking iPhone X at $999 a pop, a new Apple Watch that doesn’t have to be tethered to an iPhone and its new Apple TV that supports 4K movies and video. And then there are its services businesses to consider. AAPL continues to rake in the cash from the sale of digital audio, video and apps for the iPad and iPhone. The real beauty is that AAPL will need to do something with all that cash. And given the company’s history of dividend increases, odds are it’ll come back to its investors.

4. United Technologies Corporation(UTX). A few years ago, United Technologies Corporation (UTX) was said to be an acquisition target itself. But today, the Dow Jones stock is doing the buying. Thanks to its mega-sized plans to buy aircraft parts maker Rockwell Collins, Inc. (COL) for $23 billion. Already an aerospace giant, the addition of COL to UTX’s stable of businesses would create one of the largest airplane parts manufacturers in the world.

5. Goldman Sachs Group Inc. Unrestricted greed does make you a lot of money. And when it comes to Dow Jones stocks, no one does that better than Goldman Sachs Group Inc. (GS). While stock, currency and derivatives trading made up the bulk of GS’s revenues in recent years, regulation and low interest rates have limited the effect of these businesses. That has Goldman plowing head-first back into traditional banking by beefing up lending and investment management.

6. Chevron Corporation. That relationship between Chevron stock and oil prices may not be entirely true. Yes, the company will make more money when oil is high (and it has been rising again, hurricanes aside), but the downturn has allowed it to refocus and live more within its means. The firm went on a huge cost cutting program, slashed capital expenditures, sold junk assets and re-positioned itself to work through the “lower for longer” environment.

7. The firm’s product catalog of more than 19,000 different items spans everything from Post-It notes and tape to diamond-plated grinding discs and lubricants. Even better is that MMM sells those products across the globe. That has helped 3M navigate the challenging economic environments before and it will in the future. Want further proof? Take a look at MMM’s dividend history. The firm has been paying a dividend since 1916 and it has increased the annual dividend for 58 consecutive years.

Source: Bloomberg Pro Terminal

Junior Trader Stefan Panteleev

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