Wall Street Favorites: 3 Dow Stocks With Strong Buy Ratings for June 2024

InvestorPlace06-18

Analysts are extremely high on these three names. Amazon (AMZN): There isn’t a single Sell rating on the e-commerce company’s stock. Walmart (WMT): Analysts love that this retailer has diversified ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2444111789?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-18 04:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2444111789","market":"us","top_or_hot":-1,"title":"Wall Street Favorites: 3 Dow Stocks With Strong Buy Ratings for June 2024","media":"InvestorPlace","content":"<div>\n<p>Analysts are extremely high on these three names. \nAmazon (AMZN): There isn’t a single Sell rating on the e-commerce company’s stock. \nWalmart (WMT): Analysts love that this retailer has diversified ...</p>\n\n<a href=\"https://investorplace.com/2024/06/wall-street-favorites-3-dow-stocks-with-strong-buy-ratings-for-june-2024/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Favorites: 3 Dow Stocks With Strong Buy Ratings for June 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Favorites: 3 Dow Stocks With Strong Buy Ratings for June 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-18 04:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/06/wall-street-favorites-3-dow-stocks-with-strong-buy-ratings-for-june-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Analysts are extremely high on these three names. \nAmazon (AMZN): There isn’t a single Sell rating on the e-commerce company’s stock. \nWalmart (WMT): Analysts love that this retailer has diversified ...</p>\n\n<a href=\"https://investorplace.com/2024/06/wall-street-favorites-3-dow-stocks-with-strong-buy-ratings-for-june-2024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4551","symbol_name":"寇图资本持仓","start_time":0,"source_url":"https://investorplace.com/2024/06/wall-street-favorites-3-dow-stocks-with-strong-buy-ratings-for-june-2024/","article_id":"2444111789","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2444111789","pubTimestamp":1718656562,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Professional analysts single out these strong buy Dow stocks as worthy of investment, making them three to consider.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4551":"寇图资本持仓","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4581":"高盛持仓","BK4504":"桥水持仓","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","AMZN":"亚马逊","KO":"可口可乐","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0072462426.USD":"贝莱德全球配置 A2","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","SG9999002232.USD":"Allianz Global High Payout USD","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0109392836.USD":"富兰克林科技股A","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","SG9999002224.SGD":"Allianz Global High Payout SGD","SG9999014559.SGD":"United Income Focus Trust Dis SGD","WMT":"沃尔玛","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TGT":"塔吉特","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","BK4579":"人工智能","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4588":"碎股","BK4503":"景林资产持仓"},"translate_title":"华尔街最爱：2024年6月给予强烈买入评级的3只道指股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WMT":1,"AMZN":1,"KO":1,"TGT":1},"content_text":"Analysts are extremely high on these three names. \nAmazon (AMZN): There isn’t a single Sell rating on the e-commerce company’s stock. \nWalmart (WMT): Analysts love that this retailer has diversified to become the biggest U.S. grocery chain. \nCoca-Cola (KO): The beverage giant offers investors safety and a strong dividend payment.\n\n\n\n\n\n \n\nSource: Pavel Ignatov / Shutterstock.com\n\n\n\nThe Dow Jones Industrial Average is a stock index comprised of 30 of the largest blue-chip companies in the U.S. Because of its number of component stocks, the index is commonly known as the Dow 30. Taken together, the stocks in the Dow are meant to provide a snapshot of the U.S. economy and how it is performing.\nThe Dow has come under criticism in recent years for its continued underperformance versus the two other major U.S. stock indices. Critics point to the fact that the Dow is up only 2% this year versus a 15% increase in the benchmark S&P 500 index and a near 20% rise in the Nasdaq Composite. Despite the criticism, some stocks in the index have outperformed by a wide margin, and analysts are extremely bullish on them.\nHere are three strong buy Dow stocks to consider in June 2024.\nAmazon (AMZN)\nAmazon (NASDAQ:AMZN) is a new component of the Dow 30, having been added to the index earlier this year. But it’s one of the stocks that analysts are most bullish on. Amazon stock currently has a Strong Buy rating, with all 42 analysts who cover the company rating it a Buy. There are no Hold or Sell ratings on the stock. And although AMZN stock has risen a healthy 46% in the last 12 months, analysts see more upside ahead. The median price target on the shares is 20% higher than where they currently trade.\nAnalysts are bullish on Amazon’s prospects, particularly as its cloud computing business unit continues to dominate and the company’s revenues get a boost from a resurgence of online advertising. Amazon is also winning praise for right-sizing its e-commerce business after the pandemic and growing its Prime streaming service, securing a lucrative broadcast deal with the National Football League. So far in 2024, Amazon stock has gained 21%.\nWalmart (WMT)\nWalmart (NYSE:WMT), the world’s largest retailer and Amazon competitor, also rates a Strong Buy among analysts who track the company’s progress. Of the 28 professional analysts offering a rating on WMT stock, 25 call it a Buy, while 3 have a Hold rating on it. There isn’t a single Sell rating on the stock. The median price target on the shares is almost 10% higher than their current levels. The bullish outlook comes as Walmart’s stock enjoys a very good year.\nSo far in 2024, Walmart stock has risen 28%, marking one of the best starts in recent memory for the company. Currently trading at an all-time high, Walmart split its stock on a 3-for-1 basis this February. The shares have continued rallying since the split. Analysts view Walmart as a best-in-class retailer and praise the company for distinguishing itself from many of its floundering competitors, such as Target (NYSE:TGT).\nThe key to Walmart’s success, say analysts, has been its push into groceries. The company is now the largest grocery retailer in the U.S.\nCoca-Cola (KO)\nSource: Coca-ColaCoca-Cola (NYSE:KO) continues to be a favorite among analysts. Coke’s stock has a Strong Buy rating, with 13 Wall Street analysts giving it a Buy recommendation and 3 analysts labeling it a Hold. There are no Sell ratings on KO stock. The consensus view is that Coca-Cola’s share price will rise 8% higher over the coming 12 months. The bullish outlook comes despite the fact that the stock is up only 6% this year, trailing the 15% gain in the benchmark S&P 500 index.\nDespite the underperformance, analysts continue to like Coca-Cola’s stability and strong brand, which they say gives the company pricing power or the ability to raise prices without losing customers. Analysts also like Coca-Cola’s dividend. The company pays a quarterly distribution of 48 cents a share, giving the stock a yield of 3.10%. Coke has raised its dividend for 62 consecutive years, making it one of the most consistent shareholder payments. \nOn the date of publication, Joel Baglole did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nJoel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/06/wall-street-favorites-3-dow-stocks-with-strong-buy-ratings-for-june-2024/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2444111789"}