Only six Dow stocks have managed to post a year-to-date gain and the top-performing stock for most of last year and essentially all of this year has been toppled.

Dow top performers of year 2018:

Cisco Systems Inc. (NASDAQ: CSCO) 10.8% Boeing Co. (NYSE: BA) 8.85% Intel Corp. (NASDAQ: INTC) 6.93% Nike Inc. (NYSE: NKE) 3.33% Visa Inc. (NYSE: V) 2.61% Microsoft Corp. (NASDAQ: MSFT) 1.92%

The Dow Jones industrial average has had worse weeks this year, but last week was bad enough. The market’s longest-running index closed the week down nearly 1% for the year to date. Only six Dow stocks have managed to post a year-to-date gain and the top-performing stock for most of last year and essentially all of this year has been toppled.

At the end of the trading week, Cisco Systems Inc. (NASDAQ: CSCO) was the top-performing Dow stock for the year to date, with a gain of 10.8%. Goldman Sachs added the network equipment maker to its Conviction Buy list last week and raised its price target on the stock from $51 to $54, well above the consensus $48.74. For the 12-month period through Friday, Cisco stock is up 25%.

Submitted March 25, 2018 at 09:55AM by gorillaz0e https://ift.tt/2GnGxGB