The Dow Jones Industrial Average ended November with big gains, as the ongoing stock market rally continues. The best Dow Jones stocks to buy and watch in December 2023 are Apple (AAPL), Boeing (BA), Intel (INTC), Microsoft (MSFT) and Visa (V).
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There are clear winners — and losers — at the start of December. The top three performing blue chip stocks this year through Dec. 5 were Salesforce (CRM), Intel and Microsoft, posting rallies of 89.1%, 60.2% and 53.9%, respectively.
The worst three Dow Jones stocks through Dec. 5 were Walgreens Boots Alliance (WBA), Chevron (CVX) and Three M (MMM), with respective declines of 44.4%, 19.3% and 13.7%.
The tech-heavy Nasdaq rallied 36% through Dec. 5, and the S&P 500 gained 19%. The Dow Jones Industrial Average rose 9% year to date.
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 | YTD Performance |
|---|---|---|---|
| Apple | (AAPL) | 193.42 | +45.8% |
| Intel | (INTC) | 41.92 | +60.2% |
| Microsoft | (MSFT) | 372.52 | +53.9% |
| Visa | (V) | 254.61 | +22.5% |
| Salesforce | (CRM) | 251.02 | +89.1% |
Source: IBD Data As Of Dec. 5, 2023
Amid the current stock market rally — according to the IBD Big Picture — investors should focus on stocks that show strong relative strength. These could again become 2023 market leaders if the Dow Jones Industrial Average is able to extend its recent gains.
The best Dow Jones stocks to buy and watch in December near buy points include Apple, Boeing, Intel, Microsoft and Visa.
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Dow Jones Leader: Apple Stock Above Buy Point
Among Dow Jones stocks in the Magnificent Seven, Apple rose 1% Thursday, adding to its recent breakout gains above a cup-with-handle entry at 192.93. Apple shares added 0.6% Friday.
According to the IBD Stock Checkup, Apple stock shows a 91 out of a best-possible 99 IBD Composite Rating. The Composite Rating — an easy way to identify top growth stocks — is a blend of key fundamental and technical metrics to help investors gauge a stock’s strengths.
Boeing Stock
Aerospace stock Boeing is rapidly approaching a cup base’s 243.10 buy point. The stock rose 0.2% Thursday, just shy of the latest entry.
BA stock rallied 2.3% Friday.
Intel Stock
Chip leader Intel is out of buy range past a double bottom’s 37.22 buy point. Shares are about 10% past that entry.
INTC stock moved up nearly 2% Friday, adding to Thursday’s gains.
Microsoft Stock
Microsoft stock moved up 0.6% Thursday, holding just above a cup base’s 366.78 buy point. In recent weeks, shares rose above an early buy trigger at 346.20.
Shares rose 0.6% Friday.
Visa Stock
Payments leader Visa is in buy range past a cup base’s 250.06 buy point. Shares are also just above an early buy trigger at 241.48.
V stock lost 0.4% 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 MarketSmith, 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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