Dow Jones Stocks: Nvidia Extends Rebound; Apple Continues To Fall

3 days ago 8

With the Dow Jones Industrial Average looking to add to last year's strong gains, the best Dow Jones stocks to watch in January 2025 are Amazon.com (AMZN), Apple (AAPL), Nvidia (NVDA), Salesforce (CRM) and Walt Disney (DIS).

There are clear winners — and losers — at the start of January 2025. The top three performing blue chip stocks in 2024 were Nvidia, Walmart (WMT) and American Express (AXP), posting advances of 171.2%, 71.9% and 58.4%, respectively.

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The worst three Dow Jones stocks in 2024 were Boeing (BA), Nike (NKE) and Amgen (AMGN), with respective declines of 32.1%, 30.3% and 9.5%.

For 2024, the S&P 500 rose 23.3%, while the Dow Jones Industrial Average was up 12.9% for the period. And the Nasdaq rallied 28.6% in 2024.

What Is The Dow Jones Industrial Average?

Founded in 1896 with 12 stocks, the Dow Jones Industrial Average is one of the oldest stock market indexes. There are 30 Dow Jones stocks designed to serve as a bellwether for the general U.S. stock market. Other major stock indexes include the technology-heavy Nasdaq composite and the S&P 500 index — an index of the 500 largest companies in the U.S.

Best Dow Jones Stocks To Watch

Company Name Symbol Closing Price 2024 Performance
Apple (AAPL) 250.42 +30.1%
Nvidia (NVDA) 134.29 +171.2%
Salesforce (CRM) 334.33 +27.1%
Amazon (AMZN) 219.39 +44.4%
Disney (DIS) 111.35 +23.3%
Source: IBD Data As Of Dec. 31, 2024

Amid the current stock market rally — according to the IBD Big Picture — investors should focus on stocks that show strong relative strength. These could continue to be 2025 market leaders if the Dow Jones Industrial Average is able to extend its gains.

The best Dow Jones stocks to watch in January 2025 include Amazon, Apple, Disney, Nvidia and Salesforce.


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Amazon Rallies To New High

Amazon rallied to new highs in recent weeks, squarely above a 201.20 buy point. And the stock moved up 1.8% Friday, adding to Thursday's gains.

On Oct. 31, Amazon said that it earned an adjusted $1.43 per share on sales of $158.9 billion for the September-ended quarter. Analysts polled by FactSet projected the Seattle, Wash.-based company would post adjusted earnings of $1.14 per share on sales of $157.3 billion.


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Dow Jones Leader: Apple Stock

Among Dow Jones stocks in the Magnificent Seven, Apple stock declined 0.2% Friday, extending a losing streak to five sessions..

Apple shares are back in buy range above a 237.49 buy point in a flat base.

Nvidia Stock Rebounds

Nvidia stock rebounded 4.5% Friday, bullishly retaking the 50-day line.

In recent weeks, Nvidia beat Wall Street's targets for its fiscal third quarter, but its sales outlook for the current period was only slightly above views.

The tech titan is an IBD Leaderboard stock.

Salesforce Hits New High

Software leader Salesforce surged to new highs in recent weeks after the company reported third-quarter earnings that missed estimates amid a one-time investment loss, while revenue and a key metric came in above expectations. Salesforce appears to be gaining traction with new artificial intelligence products, analysts said.

Shares of Salesforce moved up 0.7% Friday, right at their 50-day line.


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Disney Stock Eyes Buy Point

Disney is approaching a 118.63 buy point in a cup with handle, according to MarketSurge pattern recognition.

Shares gained 0.3% Friday.

Tip: Before making investment decisions, be sure to check current market conditions, and use IBD Stock Checkup to see if your stock gets good ratings for the most important fundamental and technical criteria. To get ongoing chart analysis and trading signals, check out the unique features, stock lists and chart annotations at MarketSurge, Leaderboard and SwingTrader.

Be sure to follow Scott Lehtonen on X/Twitter at @IBD_SLehtonen for more on Dow Jones stocks and the stock market.

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