This past Wednesday, the checkered flag waved and the first quarter of 2021 came to a close. Interestingly, it was the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) that led the major indexes higher in Q1, with a 7.8% gain.
If you’re wondering why the nearly 125-year-old index outpaced both the broad-based S&P 500 and growth-stock-heavy Nasdaq Composite, look no further than the 30 components that make up the index. The Dow Jones is predominantly comprised of mature (i.e., slow-growing) U.S. multinational companies that would best be described as value stocks. With investors rotating out of growth stocks and into value during parts of the first quarter, the Dow was in perfect position to thrive.
But just because the Dow Jones gained nearly 8% in three months, it doesn’t mean there aren’t still big-time values contained within the index. The following three Dow stocks offer some of the most attractive upside in the second quarter, and beyond.