2 Colossal Dow Stocks to Buy Hand Over Fist in May, and 1 to Avoid
Two of the Dow's 30 constituents are ripe for the picking amid the heart of earnings season, while another artificial intelligence (AI)-inspired component is sending the wrong signals.
For the last 129 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as Wall Street's most front-and-center health barometer.
When the Dow was incepted in the late 19th century, it was composed of one dozen (mostly) industrial companies. Over time, it's evolved into the ageless index we see today, which is made up of 30 highly diverse, time-tested, multinational businesses.
Although the Dow Jones Industrial Average has historically risen over long periods, it doesn't mean every component is necessarily worth buying. As we power ahead into the heart of earnings season in May, two colossal Dow stocks have checked all the right boxes for investors, while another is throwing up no shortage of red flags.
