Dow Jones Industrials

“Buy” - “Sell” 6-year average, %/year (annualized from 3-month gains):+8.9%

These are annualized average 3-month performance results for annual and quarterly financial statements dates falling into a particular calendar year. The performance for the last in the calendar year statement is actually measured in the following year, but is “drawn back” for inclusion into the calendar year under consideration.

The valuation model performance presented on the chart consists of two lines. The green line shows the actual average performance in different years of all stocks in the stock index that were rated by our valuation model (called “Intrinsic value” in the stock table below) as “buy” and “strong buy”. The red line - those rated as “sell” and “strong sell”.

Such performance would be reflective of the performance of two portfolios: one including only “buy” stocks in the index, and another consisting only of sell stocks, with investment decisions taken upon publishing of financial statements for each individual stock in the index.

Though these performances are actual, they are the product of backtesting. That means that if we tweak our stock valuation model, the past performance also changes. The benefit of this is that you always see actual part performance of the current version of the stock valuation model.

TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
AAPLApple Inc.139.07-58-82-80
AXPAmerican Express Company0.00n/an/an/a
BAThe Boeing Company205.84-100-100-104
CATCaterpillar Inc.191.94premium content
CSCOCisco Systems, Inc.44.77premium content
CVXChevron Corporation91.73premium content
DISThe Walt Disney Company172.78premium content
DOWDow Inc.57.50premium content
GSThe Goldman Sachs Group, 289.39premium content
HDThe Home Depot, Inc.284.00premium content
IBMInternational Business Ma118.61premium content
INTCIntel Corporation56.66premium content
JNJJohnson & Johnson163.55premium content
JPMJPMorgan Chase & Co.133.79premium content
KOCocaCola Company (The)48.49premium content
TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
MCDMcDonald's Corporation213.38-90-77-69
MMM3M Company169.04-54-69-62
MRKMerck & Co., Inc.80.98-62-66-61
MSFTMicrosoft Corporation225.95premium content
NKENIKE, Inc.139.35premium content
PFEPfizer Inc.36.55premium content
PGProcter & Gamble Company 130.00premium content
TRVThe Travelers Companies, 145.84premium content
UNHUnitedHealth Group Incorp347.55premium content
VVisa Inc.202.02premium content
VZVerizon Communications In57.47premium content
WBAWalgreens Boots Alliance,47.45premium content
WMTWalmart Inc.146.33premium content
XOMExxon Mobil Corporation47.43premium content