7 Dow Stocks Poised to Shine in a Strong 2024 U.S. Economy

American Express (AXP)

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Holiday spending ended up being strong after expectations wavered. That implies that credit card spending will have been strong as well which bolsters the investment case for American Express.

Apple (AAPL)

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There’s potential for Apple to derive wins from that situation. Whether that occurs or not it remains to be seen, of course.

Salesforce (CRM)

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There are important macroeconomic cyclical reasons to believe that will not be the case. Primarily, the notion that multiple rate cuts are on the horizon.

Microsoft (MSFT)

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Microsoft, on the other hand, has largely benefited due to the hype surrounding AI to this point.

IBM (IBM)

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Consequently, IBM is going to continue to garner a lot of attention for its potent mix of income and growth potential throughout 2024.

Cisco Systems (CSCO)

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Falling interest rates will serve to drive greater investment as lending costs fall which is yet another reason to consider Cisco systems.

Visa (V)

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That is, payouts for V stock have grown by around 16.3% on average annually over the past five years. Such payout growth may be poised to continue.

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