7 Dow Stocks at a Reasonable Price
Stocks might be hitting all-time highs, but there still are bargains to be found, especially among the blue-chip stocks in the Dow Jones Industrial Average. The exclusive club of 30 Dow stocks is bristling with names that remain reasonably priced even as the industrial average approaches its own all-time closing high of 26,616.71 set on Jan. 28, 2018.
Whether they're beaten-down value plays or stocks that don't adequately reflect their companies' long-term earnings growth, plenty of Dow Jones stocks are on sale.
The Standard & Poor's 500-stock index currently trades at 16.6 times expected earnings, according to data from Thomson Reuters. With that as our starting point, we screened the Dow for stocks with forward price-to-earnings multiples of less than 16.6. Next, we looked at projected earnings growth rates, historical valuations, analyst
