These Dow stocks are bucking the average's negative trend, and analysts love them


A weak Dow Jones Industrial Average does not mean that all member stocks will fall. The Dow Jones Industrial Average, which is composed of 30 stocks, has just come off a session in which the index lost 1.3%. This was its worst session since march. The three major indexes all closed lower Tuesday due to the pressure of a strong labor market and rising bond yields. The Dow’s 0.4% decline for 2023 on Tuesday has pushed it into negative territory. Analysts say that some Dow stocks have been on a winning streak this year and could be bucking the trend. We used the CNBC Pro Stock Screener to find stocks that met the following criteria. A Dow Jones Industrial Average member A stock in the black for the year up until Tuesday Average analyst ratings of buy Upside potential of average analyst price targets of at least 15% The Salesforce stock has increased more than 50% since the beginning of the year. In late August, the company reported that its second-quarter results exceeded expectations. It also offered a more optimistic outlook for the third quarter than many had anticipated. The executives pointed to the rise of artificial intelligence, as the key factor. CRM YTD mountain Salesforce stock. Analysts expect an average of 29% growth in the price of Salesforce stock. The shares closed at $199.83 Tuesday. Microsoft, the tech giant, has gained nearly 31% since the beginning of the year. The company is also celebrating the explosion in investor interest over AI. MSFT YTD Microsoft stock. Microsoft invested early in OpenAI, the company that developed large language model ChatGPT. The stock has been a favorite among analysts due to its AI exposure. Analysts expect that the stock will rise by more than 25% compared to Tuesday’s closing price of $313.39. Visa, the credit card company, has seen its stock rise by about 10% since the beginning of the year. Consumer credit card spending is still very strong, which has helped the company. V YTD mountain Visa stock. Visa shares closed Tuesday at $228.81, so the average price target implies a 21% increase in value. JPMorgan’s shares have increased by about 6% since the beginning of 2023. Investment bank remains optimistic about the U.S. avoiding a recession in this year, but CEO Jamie Dimon said it would a “huge error” to believe an economic boom could last for many years. JPM YTD mountain JPMorgan stock. JPMorgan’s stock is expected to rise by more than 18% based on the average analyst price target. The shares closed Tuesday at $142.71. Apple shares have increased by nearly 33% since the beginning of 2023. The company has also recently launched its iPhone 15 line. Analysts continue to favor the stock despite an uncertain macroeconomic background. AAPL YTD Mountain Apple stock. Apple’s stock is expected to rise by more than 16 percent based on analyst average price targets. Tuesday, shares closed at $172.40.