January Effect: 5 Best-Performing Dow Stocks
Published January 31, 2012 8:27 PM
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Updated July 22, 2016 12:14 PM
1 Min Read
January Effect: 5 Best-Performing Dow Stocks
They call it the “January Effect.”
Whether it’s the by-product of those Wall Street guys reinvesting their legendary year-end bonuses or individual investors jumping back into the market after selling for year-end tax reasons, the Dow Jones Industrial Average historically gets a nice little (and sometimes huge) bump during the first month of the year.
This January was no exception.
The Dow rallied up 415.35 points, or 3.4%, this January – the best January percentage gain since 1997.
Here’s an interactive slide show highlighting the 5 best-performing Dow component stocks for January 2012:
Whether it’s the by-product of those Wall Street guys reinvesting their legendary year-end bonuses or individual investors jumping back into the market after selling for year-end tax reasons, the Dow Jones Industrial Average historically gets a nice little (and sometimes huge) bump during the first month of the year.
This January was no exception.
The Dow rallied up 415.35 points, or 3.4%, this January – the best January percentage gain since 1997.
Here’s an interactive slide show highlighting the 5 best-performing Dow component stocks for January 2012:
1. Bank of America (NYSE: BAC)<br><br>
Closing price on Dec. 30: $5.56
Closing price on Jan. 31: $7.13
Percentage gain: +28.2%
2011 Performance Ranking (Out of 30): 30th, -58.3%
Closing price on Jan. 31: $7.13
Percentage gain: +28.2%
2011 Performance Ranking (Out of 30): 30th, -58.3%
2. Caterpillar (NYSE: CAT)<br><br>
Closing price on Dec. 30: $90.60
Closing price on Jan. 31: $109.12
Percentage gain: +20.4%
2011 Performance Ranking (Out of 30): 21st, -3.3%
Closing price on Jan. 31: $109.12
Percentage gain: +20.4%
2011 Performance Ranking (Out of 30): 21st, -3.3%
3. Alcoa (NYSE: AA)<br><br>
Closing price on Dec. 30: $8.65
Closing price on Jan. 31: $10.16
Percentage gain: +17.5%
2011 Performance Ranking (Out of 30): 29th, -43.8%
Closing price on Jan. 31: $10.16
Percentage gain: +17.5%
2011 Performance Ranking (Out of 30): 29th, -43.8%
4. Microsoft (NASDAQ: MSFT)<br><br>
Closing price on Dec. 30: $25.96
Closing price on Jan. 31: $29.53
Percentage gain: +13.8%
2011 Performance Ranking (Out of 30): 23rd, -7.0%
Closing price on Jan. 31: $29.53
Percentage gain: +13.8%
2011 Performance Ranking (Out of 30): 23rd, -7.0%
5. JPMorgan Chase & Co. (NYSE: JPM)<br><br>
Closing price on Dec. 30: $33.25
Closing price on Jan. 31: $37.30
Percentage gain: +12.2%
2011 Performance Ranking (Out of 30): 27th, -21.6%
Also see:
January Defect: 5 Worst-Performing Dow Stocks
The 10 Best-Performing Dow Stocks of 2011
The 10 Worst-Performing Dow Stocks of 2011
Closing price on Jan. 31: $37.30
Percentage gain: +12.2%
2011 Performance Ranking (Out of 30): 27th, -21.6%
Also see:
January Defect: 5 Worst-Performing Dow Stocks
The 10 Best-Performing Dow Stocks of 2011
The 10 Worst-Performing Dow Stocks of 2011
