114.47 0.00 (0.00%)
After hours: 4:55PM EDT
|Bid||109.07 x 1300|
|Ask||115.11 x 900|
|Day's Range||112.52 - 115.00|
|52 Week Range||76.99 - 155.09|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||12.86|
|Earnings Date||Jul 21, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||3.40 (3.06%)|
|Ex-Dividend Date||Jun 09, 2020|
|1y Target Est||113.50|
The Dow Jones Industrial Average - that group of 30 blue-chip behemoths with long track records of outperformance - is trailing the other major indexes by a wide margin this year.But the Dow's 30 stocks are starting to catch up.The DJIA is down nearly 10% year-to-date. That compares unfavorably with the S&P; 500's drop of less than 5%, to say nothing of the Nasdaq Composite's rise of more than 7%. Since the market's bottom in March, however, it's essentially a three-way tie. The Dow, S&P; 500 and Nasdaq are all up about 40%.If you want to ride the coattails of the Dow's accelerating revival, just remember that not all Dow stocks are created equal. Each index component has a solid pedigree. However, their short- to intermediate-term prospects diverge widely.If you want to pick and choose among the bluest of blue chips, you can look at this full list of 30 Dow stocks that we've sorted by analysts' average recommendation. Here's how it works: S&P; Global Market Intelligence surveys analysts' stock calls and scores them on a five-point scale, where 1.0 equals a Strong Buy and 5.0 is a Strong Sell. Scores between 3.5 and 2.5 translate into a Hold recommendation. Any score lower than 2.5 means that analysts, on average, rate the stock as being Buy-worthy. The closer a score gets to 1.0, the better.Read on as we show you how Wall Street's analysts rate all 30 Dow stocks right now - and what they have to say about them. SEE ALSO: 20 Best Stocks to Buy Now for the Next Bull Market
Travelers' (TRV) Stay-at-Home Auto Premium Credit Program extended in order to provide customers relief from financial burdens amid the pandemic.
The Travelers Companies, Inc. (NYSE: TRV) today announced it is extending its Stay-at-Home Auto Premium Credit Program, giving its U.S. personal auto insurance customers a 15% credit on their June premiums. The company is already providing its customers with a credit on their April and May premiums under the program. Customers’ accounts will continue to be automatically credited, providing some measure of relief during this time.
BrokerTech Ventures (BTV), the industry’s first broker-led investor group and accelerator program, today announced the addition of its first carrier partner, The Travelers Companies, Inc. (NYSE: TRV), to the platform. Travelers, with major operations in Hartford, Connecticut, is a leading provider of property casualty insurance for auto, home and business, with more than 30,000 employees. “The elevated relationship between BrokerTech Ventures and Travelers was a natural fit,” said Dan Keough, Holmes Murphy chairman and CEO and co-CEO of BrokerTech Ventures.
The Dow Jones gained 3.3% last week, marking its best weekly performance since April 9.
The Travelers Companies, Inc. (NYSE: TRV) today announced it is releasing a robust suite of industry-leading risk management resources to help businesses safely reopen amid the COVID-19 pandemic. The resources will include a series of webinars, articles, podcasts and interactive tools designed to provide straightforward guidance on protecting employees, customers and property as businesses resume operations. The materials will be available on the company’s new Navigating Your Business Through COVID-19 webpage.
DOW UPDATE The Dow Jones Industrial Average is up Friday afternoon with shares of UnitedHealth and Travelers leading the way for the price-weighted average. Shares of UnitedHealth (UNH) and Travelers (TRV) are contributing to the index's intraday rally, as the Dow (DJIA) is trading 7 points (0.
Stocks stumbled Thursday as the weekly batch of jobless claims data arrived. Suffice to say, the numbers pertaining to last week were terrible, showing 2.44 million American workers filing for initial unemployment benefits.Source: Provided by Finviz * The S&P 500 lost 0.78%. * The Dow Jones Industrial Average dropped 0.41% * The Nasdaq Composite fell 0.97% * Recently resurgent Disney (NYSE:DIS) succumbed to some profit-taking today, becoming the Dow's worst offender.Over the course of the novel coronavirus pandemic, investors have become accustomed to Thursday misery from the weekly jobless claims data, but the markets don't always respond in kind. There have been days when stocks were drubbed on the claims data and others when equities rallied in spite of bleak numbers. Not-terrible losses put today somewhere in the middle.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe other source of pressure on equities today was the once again-eroding relationship between the U.S. and China. In a rare display of bipartisanship, the Senate easily passed a bill, which could bar Chinese companies from listing on traditional U.S. exchanges, if it were to be passed. * 7 Excellent Penny Stocks Ready to Roar As a result, reports surfaced that Baidu (NASDAQ:BIDU), the largest internet search company in China, is mulling pulling its shares from the Nasdaq and pursuing a listing closer to home.In late trading, 23 of 30 Dow stocks were in the red, but each of the losers was off by less than 3%. Yes, Really: Good News for BoeingBoeing (NYSE:BA) was the Dow leader after RBC analyst Michael Eisen initiated coverage of the aerospace stock with an "outperform" rating and a $164 price target.Perhaps even more helpful to the Boeing stock cause today were comments from Southwest Airlines (NYSE:LUV) CEO Gary Kelly. At the airlines' annual shareholders meeting today, Kelly said he's hopeful the carrier can get its fleet of grounded Boeing 737 Max jets airborne again by the fourth quarter. That's big news because Southwest is the largest 737 Max customer. More Reasons to Love AppleAlready one of this year's best-performing mega-cap names, Apple (NASDAQ:AAPL) still has ways to entice investors beyond the iPhone. An emerging theme for Apple is its services business and that segment's growth could be spectacular.In a note out today, Evercore ISI analyst Amit Daryanani detailed how Apple services could eventually be a $100 billion business unto itself. Though putting $100 billion into context, that number is still much less than the current market capitalization for fellow Dow tech stock International Business Machines (NYSE:IBM)."Higher services mix should push gross margins higher and help smooth cyclicality. In addition, Apple continues to build its base of subscription services, which helps make the case for a higher multiple given the recurring nature of the cash flows…Net/net, services remains an underappreciated growth lever especially given the shift in growth towards monetization and subscription based model," said Daryanani. Ominous Dividend CallThe Dow is home to four financial services stocks, three of which closed lower today amid speculation that bank dividends are in danger. That trio includes JPMorgan Chase (NYSE:JPM) and American Express (NYSE:AXP), though the latter isn't a traditional bank.Kristalina Georgieva, managing director at the International Monetary Fund, said in an opinion piece that the $250 billion banks spent on dividends and buybacks last year would be better used to bolster their capital positions. For its part, JPM already nixed its share repurchase plan earlier this year.Travelers (NYSE:TRV) was the lone Dow financial stock in the green today because it's an insurance company and because, well, it already boosted its dividend this year. Bottom Line on the Dow Jones TodayGiven the past weeks of terribly unemployment numbers, we can easily surmise that when the May jobs report is delivered on the first Friday of June, it will be horrific. Perhaps not as bad as the 20.5 million jobs shed in the month of April, but the May number is still smoothly sailing into "ugly" territory.Under some rosy estimates, 80% of the jobs lost due to the coronavirus pandemic will return. The issue there is two-fold. First, anything less than 100% is disappointing and bad for workers and the economy. Second is the length of time it will take for those jobs to come back.Todd Shriber has been an InvestorPlace contributor since 2014. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Dow Jones Today: Another Round of Unemployment Data Dragged Stocks appeared first on InvestorPlace.
DOW UPDATE The Dow Jones Industrial Average is trading up Thursday morning with shares of Boeing and Travelers delivering the strongest returns for the blue-chip average. Shares of Boeing (BA) and Travelers (TRV) have contributed around a third of the index's intraday rally, as the Dow (DJIA) is trading 65 points, or 0.
DOW UPDATE Dragged down by negative returns for shares of Dow Inc. and Travelers, the Dow Jones Industrial Average is declining Tuesday morning. The Dow (DJIA) was most recently trading 104 points, or 0.
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B), wasn't doing much buying during the first quarter, which ended just before the economic impact of the coronavirus really set in. But he sure did a lot of selling.Buffett has dumped shares in 21 stocks since the start of the year. For the most part, the Oracle of Omaha has merely trimmed BRK.B's positions. Reducing risk and raising cash are certainly prudent moves when facing the unprecedented uncertainty that we are now. In a few cases, however, Buffett sold the great majority or entirety of Berkshire's positions in some of its biggest and best-known holdings.On the other side of the ledger, Buffett made just one buy in the quarter, adding a modest amount to a well-known regional bank.We know what the greatest long-term investor of all time has been doing because the U.S. Securities and Exchange Commission requires all investment managers with more than $100 million in assets to file a Form 13F quarterly to disclose any changes in share ownership. These filings add an important level of transparency to the stock market and give Buffett-ologists a chance to get a bead on what he's thinking.When Buffett starts a new stake in some company, or adds to an existing one, investors take that as a vote of confidence. On the other hand, if he pares his holdings in a stock, it can spark investors to rethink their own investments. The fact that Buffett was fearful rather than greedy as the market plunged in Q1 underscores how challenging it is to make investing decisions these days.Here's the scorecard for what Berkshire Hathaway bought and sold during the three months ended March 31, 2020, based on the most recent 13F that the company filed on May 15. And remember: Not all "Warren Buffett stocks" are actually his picks. Some smaller positions are believed to be handled by lieutenants Ted Weschler and Todd Combs. SEE ALSO: The Berkshire Hathaway Portfolio: Latest Buffett Stock Rankings
Global insurers are well capitalized to absorb the hit from rising claims and costs related to the COVID-19 pandemic, ratings agency AM Best said on Monday, citing a stress test it conducted to gauge the immediate impact of outbreak on insurers' financial strength. AM Best said most rated insurers and reinsurers performed well in its stress test and their capital levels provided an adequate buffer against a potential shock to their balance sheets. Sensitivity to the COVID-19 pandemic was greater for life and health insurers with high asset and mortality risks, insurers with material exposures to mortgage loans, carriers operating in domiciles in higher country-risk tiers and companies with smaller capital bases.
The Travelers Companies, Inc. (NYSE: TRV) today released its annual Community Report, announcing that the company provided more than $24 million in charitable donations in 2019. Travelers distributed these funds to programs and organizations dedicated to improving academic and career success, developing thriving neighborhoods and creating culturally enriched communities. These contributions bring the company’s giving total to more than $223 million over the past decade.
Berkshire Hathaway has added a big reduction in its holdings of Goldman Sachs, Phillips 66 and Travelers shares to its exit from battered airline stocks.
Warren Buffett's Berkshire Hathaway Inc. has trimmed its exposure to banks, including Goldman Sachs Group Inc. and U.S. Bancorp , and sold out of insurer Travelers Cos. Inc. and refiner Phillips 66 according to a late Friday filing. Buffett said earlier this month he had sold off his large stakes in four U.S. air carriers for a lot less than he paid for them. Berkshire had been a major shareholder of American Airlines Group Inc. , Delta Air Lines Inc. , Southwest Airlines Co. and United Airlines Holdings Inc. .
’s (BRKA) made some notable changes to its investments in the first quarter, a period marked with coronavirus-induced volatility. Berkshire Hathaway (ticker: (BRKA)) slashed its position in (GS) (GS), and exited investments in (PSX) (PSX) and (TRV) (TRV). Berkshire Hathaway disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.
The Travelers Companies (TRV) remains poised for growth driven by improved net investment income and higher premium pricing, offset by cat loss and high costs.
DOW UPDATE The Dow Jones Industrial Average is falling Thursday morning with shares of Raytheon Technologies Corp. and Travelers seeing the biggest drops for the price-weighted average. Shares of Raytheon Technologies Corp.
The Dow Jones Industrial Average is in a selloff Thursday morning with shares of Boeing and Travelers facing the biggest losses for the index. The Dow (DJIA) was most recently trading 295 points, or 1.3%, lower, as shares of Boeing (BA) and Travelers (TRV) are contributing to the blue-chip gauge's intraday decline. Boeing's shares have dropped $5.77, or 4.8%, while those of Travelers are off $3.68, or 4.1%, combining for a roughly 65-point drag on the Dow.
DOW UPDATE Shares of Raytheon Technologies Corp. and American Express are trading lower Wednesday morning, propelling the Dow Jones Industrial Average selloff. The Dow (DJIA) was most recently trading 247 points, or 1.