2 Coronavirus-Proof Stocks on the Dow Jones Index
Why buy stocks on the Dow? Because Dow companies are industry leaders, and these dominant companies are surefire bets for continued growth. The Dow Jones Industrial Average (DJINDICES: ^DJI) is an index of 30 top companies in various industries that give investors a quick peek into the state of the stock market at any given moment. It hit an all-time high of 29,551 in February, but then crashed with the economy in March.
The index made headlines a few weeks ago when it booted three of its components, ExxonMobil, Pfizer, and Raytheon Technologies, and replaced them with Salesforce.com, Amgen, and Honeywell International. But the Dow makes news every day for investors who use it as an indicator of the broader market.
Source Fool.com
