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Sristi Suman Jayaswal

Should You Still Buy the Best Performing Dow Jones Stock of Q1 2024?

Dow Disney Walt Disney DIS Nelson Peltz

The Dow Jones Industrial Average ($DOWI) kicked off the year positively, wrapping up the first quarter with a 5.6% gain. Leading the pack was the entertainment giant Walt Disney Company (DIS), boasting an impressive return of 34.9% over the same time frame - the best performance out of all 30 Dow stocks.

Moreover, analysts at Bank of America (BAC) maintained a “Buy” rating on Walt Disney stock in April, raising the price target to $145. BofA focused on Disney's impressive park performance, suggesting that Disney could witness overall operating income growth by a low-to-mid-teens percentage in Q2.

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One subscription that gives you access to news from hundreds of sites

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