From Nasdaq, Inc.:



The S&P 500’s success in 2023 was driven by the performances of a few stocks, but the Dow Jones Industrial Average saw a more widespread increase. Even though the DJIA is only 11% higher year-to-date, it is up 30% from its 2022 lows. Microsoft, Intel, and Salesforce are among the best-performing Dow stocks this year, with Microsoft’s shares up almost 56%, Intel’s up 73%, and Salesforce’s shares doubling in value.

Microsoft, one of the most impactful stocks in the current marketplace, has seen significant growth in 2023, driven in part by its focus on artificial intelligence (AI) technology. Intel, a lesser-weighted stock in the Dow index, has also achieved significant success in the market this year, with its stock surging 73% year-to-date thanks to its focus on AI chipsets. Salesforce, as the best-performing stock on the index, has doubled its shares this year and is focused on becoming the number one AI CRM in the market.

These three top-performing Dow stocks of 2023 have gained success by concentrating on AI technologies and expanding their market reach. Each has the potential to continue their upward trajectory into 2024.



Read more: These Were the 3 Best Dow Stocks in 2023. Can They Repeat in 2024?