Top 5 performers in Dow Jones: Nvidia, Walmart, American Express, Goldman Sachs, JPMorgan Chase

From Nasdaq: 2024-12-05 07:22:00

The Dow Jones Industrial Average is up by 18.7% year to date, with the top five gainers being Nvidia (173%), Walmart (75%), American Express (62%), Goldman Sachs (57%), and JPMorgan Chase (47%). These companies have seen significant growth due to various factors in their respective sectors, positioning them well for 2024.

Nvidia is leading the tech sector with its innovative products and strong position in the AI market, while Walmart’s focus on online shopping has driven substantial growth. Finance sector mainstays like American Express, Goldman Sachs, and JPMorgan Chase are benefiting from a positive economic outlook and increased demand for banking services.

Economists predict continued macroeconomic growth and declining inflation in the U.S., creating a favorable environment for these high-performing companies. Investors may want to consider these stocks for long-term growth potential, especially with the expected growth in AI technology and online shopping trends.



Read more at Nasdaq: These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average With 2024 Almost Over