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Old, Slow and Stodgy Could be a Winner?
Old, Slow and Stodgy Could be a Winner?
June 6, 2023
Does the Dow have further to go?
Out of the three major US stock market index’s, which has more upside in the near future? Eye balls have been on the Nasdaq 100 which is up 33.06%. These returns have been fueled by seven to ten stocks. The S&P500 is up 12.14% year to date. 95% of its returns have been achieved in a similar way as the Nasdaq 100. Which brings us to the Dow Jones Industrial Average coming in at 1.25%. Salesforce (CRM) has led the DJIA this year followed by Microsoft (MSFT) and Apple (AAPL).
Provide by Statmuse
So which is the index has more upside in the short term? With the recent moves in the Dow vs SP500 vs Nasdaq100, the contrarian in me says the Dow. Here is why.
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