The Top 5 Performing Dow Stocks Coming Out of the Brexit
Looking at what was a brief but massive fallout within broad markets, we are realizing that the Brexit provided a very attractive entry point into a fair number of industries. The Dow Jones Industrial Average (DJIA) was no exception. Although…
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Looking at what was a brief but massive fallout within broad markets, we are realizing that the Brexit provided a very attractive entry point into a fair number of industries. The Dow Jones Industrial Average (DJIA) was no exception.
Although the DJIA initially dropped practically 800 points following the Brexit news, the index is now back near its pre-Brexit levels.
24/7 Wall St. has picked some of the leading companies in the DJIA and tracked them since the Brexit. We have included a recent trading history, consensus analyst price target, and 52-week trading range.
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The Travelers Companies, Inc. (NYSE: TRV) saw its stock drop as low as $109.33 on Monday but since then it has recovered handily (7%). Shares of Travelers closed Friday at $118.85, with a consensus analyst price target of $112.78 and a 52-week trading range of $95.21 to $119.30.
Nike, Inc. (NYSE: NKE) watched its shares make a decent gain over the week with the stock up over 5% during this time. Shares of Nike closed the week at $55.61, with a consensus analyst price target of $66.81 and a 52-week trading range of $47.25 to $68.19.
General Electric Co. (NYSE: GE) saw its shares gain about 5.6% over the course of the week. The stock last closed at $31.49, with a consensus analyst price target of $32.53 and a 52-week trading range of $19.37 to $32.05.
Exxon Mobil Corp. (NYSE: XOM) saw its shares increase 5% since the Brexit vote. Shares closed Friday’s trading at $93.84, with a consensus analyst price target of $86.95 and a 52-week trading range of $66.55 to $93.98.
Johnson & Johnson (NYSE: JNJ) saw its stock drop initially at the Brexit news but since then it has made a solid recovery of nearly 5%. Shares of JNJ recently closed at $121.29, with a consensus analyst price target of $117.89 and a 52-week trading range of $81.79 to $121.54.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
