Is Dow a good stock to buy?
Dow Inc has a consensus rating of Hold which is based on 3 buy ratings, 11 hold ratings and 0 sell ratings. What is Dow Inc's price target? The average price target for Dow Inc is $58.69. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
Dow Inc. currently has an average brokerage recommendation (ABR) of 2.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms.
The Dow is less diversified than indices like the S&P 500, which include many more companies. The bottom line: Adding a Dow ETF to your portfolio may improve your exposure to large, established companies and provide you with dividend payments. But a Dow ETF alone doesn't make a diverse investment portfolio.
The Dow's highest-yielding dividend stocks right now
(NYSE: DOW), and oil giant Chevron (NYSE: CVX), with trailing yields of 6.5%, 5.3%, and 4.5%, respectively.
(NYSE: DOW) Dow's forecast annual earnings growth rate of 50.94% is forecast to beat the US Chemicals industry's average forecast earnings growth rate of 29.13%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.95%. Dow's earnings in 2024 is $1,152,000,000.
The updated Dow Jones price prediction for the next 5 years is for the index to trade around 40,600 points. Long Forecast predicts Dow Jones to trade above 40,000 points in the second half of 2024 and and advance up to 44,000 points by the end of the year. This is the most bullish Dow Jones forecast for 2024.
Dow is poised for renewed growth as the advanced materials business cycle inevitably turns upward. For income-seeking investors with a long-term perspective, investing in Dow now and holding shares through the cycle could yield significant dividends and capital appreciation in the future.
Here's Where Pros See Stocks Headed Next. It took seven years for the Dow Jones Industrial Average to move from 20,000 to 40,000, and it had to bounce back from an April slump to cross the finish line. The 30-component blue-chip index now joins the Nasdaq and the S&P 500 in making recent highs.
On April 12, 1994, the Dow Jones Industrial Average closed at 3,681.69. Over the trailing-30-year period, this widely followed index has increased at an annualized rate of 8.09%! If this superior rate of gains were to persist, the Dow could reach 50,000 before the calendar changes to 2028.
The Nasdaq Composite Index and the Dow Jones are both stock market indexes that provide a snapshot of how the overall market and wider economy are performing. Investors can't invest in them directly, but can invest in index funds that track them. Neither index is inherently better or worse than the other.
How to make $1000 a month in dividends?
To have a perfect portfolio to generate $1000/month in dividends, one should have at least 30 stocks in at least 10 different sectors. No stock should not be more than 3.33% of your portfolio. If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1000/month.
Regular payouts for DOW are paid quarterly. Recommendation not provided. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas.
With questions about the U.S. economy mounting, here are three high-yield dividend stocks that investors can buy and hold forever: Ford Motor Company (NYSE: F), AT&T (NYSE: T), and Kraft Heinz (NASDAQ: KHC).
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Man Infra | 192.24 |
| 2. | BLS Internat. | 429.75 |
| 3. | Black Box | 546.10 |
| 4. | RHI Magnesita | 605.10 |
Yardeni said in a recent note that his roaring 20s thesis, which is based on the idea that AI will help unleash a productivity boom in the economy, will help drive the stock market 50% higher by 2030, with the Dow Jones Industrial Average and S&P 500 rising to 60,000 and 8,000, respectively.
| Month | Open | Low-High |
|---|---|---|
| 2025 | ||
| Jan | 50726 | 48150-55398 |
| Feb | 51774 | 48656-55980 |
| Mar | 52318 | 49253-56667 |
Dow Inc's analyst rating consensus is a Hold. This is based on the ratings of 14 Wall Streets Analysts.
Who owns the most shares of Dow Inc (DOW)? Vanguard owns the most shares of Dow Inc (DOW).
Dow Inc currently boasts a 12-month trailing dividend yield of 4.82% and a matching 12-month forward dividend yield of 4.82%, indicating stable expected dividend payments over the next year.
The financial health and growth prospects of DOW, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Is Dow dividend sustainable?
As of 2023-12-31, Dow Inc's dividend payout ratio is 1.40, which may suggest that the company's dividend may not be sustainable.
Verizon Communications Inc.
Telecom giant Verizon is one of the bluest of the blue-chip stocks that make up the Dow Jones Industrial Average, and it offers the highest yield of the bunch.
French financial conglomerate Societe Generale forecasts that the Dow Jones Index will hit $37,500 in 2024, with a "buy the dips" recommendation. Experts anticipate a moderate recession in the middle of the year, a credit market sell-off in Q2, and a continuation of the Fed's tight monetary policy.
To reach 50,000, the Dow wouldn't even need to double — it would require a 31.6% gain from the 38,000 level. If the DJIA companies only earned the current 1.77% dividend yield, it would take 15.6 years for the index to reach the 50,000 mark.
By November 2020, the Dow had closed above 30,000 for the first time. The momentum from the Covid lows carried through to 2021, with the Dow breaking above 35,000.
