|The Dow Jones Industrial Average (NYSE: DJI), also called the DJIA, Dow 30, or informally the Dow Jones or The Dow) is one of several stock market indices created by nineteenth century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Dow compiled the index as a way to gauge the performance of the industrial component of America's stock markets. It is the oldest continuing U.S. market index.
Today, the average consists of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historicalómany of the 30 modern components have little to do with heavy industry. The following chart shows the DJIA price and volume during the last one year.
The following table shows the 30 publicly traded companies that are part of the Dow Jones Industrial Average (as of March 2008).
|American Express|| Consumer Finance|
|American International Group|| Full Line Insurance|
|Bank of America|| Institutional and Retail banking|
|Boeing|| Aerospace & Defense|
|Caterpillar ||Commercial Vehicles & Trucks|
|Chevron Corporation ||Oil and gas|
|DuPont ||Commodity Chemicals|
|ExxonMobil ||Integrated Oil & Gas|
|General Electric ||Diversified Industrials|
|General Motors ||Automobiles|
|Hewlett-Packard ||Diversified Computer Systems|
|Home Depot ||Home improvement retailers|
|IBM ||Computer Services|
|Johnson & Johnson ||Pharmaceuticals|
|JPMorgan Chase ||Banks|
|McDonald's ||Restaurants & Bars|
|Procter & Gamble ||Non-Durable Household Products|
|United Technologies Corporation ||Aerospace, Heating/Cooling, Elevators|
|Verizon Communications ||Telecoms|
|Wal-Mart Broadline ||Retailers|
|Walt Disney ||Broadcasting & Entertainment|
Directions: Select any one of the 30 companies that form the Dow Jones Industrial Average and do "stock research" on the selected company. Include the following information in your research:
- Company background
- Products and services offered by the company
- Who are the competitors?
- Are the company's sales and profits growing or shrinking?
- How has the company's stock been performing?
- If you have money, will you buy shares (ownership) in the company?