The Dow Jones Index is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The index is used by many investors and institutional worldwide for their asset allocation. Stocks that are within the index must be held but it does not mean that the stocks are cheap and you get a good return.
I analyzed the index by the cheapest stocks, stocks with a current and forward P/E ratio of less than 15. Only thirteen companies fulfilled these criteria.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 12.14 and forward P/E ratio is 10.31. The dividend yield has a value of 2.51 percent. Price to book ratio is 3.72 and price to sales ratio 1.55. The operating margin amounts to 17.71 percent.
Related stock ticker symbols:
CVX, DD, INTC, JPM, WMT, XOM, MMM, MSFT, UTX, BA, HPQ, CAT, AXP,