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Highlights:
- Johnson & Johnson has a dividend yield of 2.509 per cent.
- The Intel Corporation stock (INTC) returned 4.73 per cent YTD.
- Walgreens Boots Alliance reported Q4 2022 sales of US$ 32,449 million.
Among the major US stock indexes in 2022, Dow Jones salvaged some gains in a year that saw the worst volatility in the market in decades. Some Dow stocks had historically performed well, even in bearish phases. However, the last year was different as past performances held no good for present performances. Investors were jittery to put their bets on any stock. There were massive selloffs in the market. A slew of economic headwinds brought pessimism to the US equity market in 2022. But how is this year going to be for investors?
Let us analyze three Dow Jones stocks amid this discussion and look at their recent performances:
Johnson & Johnson (NYSE:JNJ)
Johnson & Johnson is a US multinational company that manufactures medical devices, pharmaceuticals, and consumer packaged goods. The company has a dividend yield of 2.509 per cent with three-year dividend growth of 4.92.
Johnson & Johnson registered sales of US$ 23,791 million in the third quarter of 2022 compared to US$ 23,338 million in the same quarter a year ago. The company's net earnings in Q3 2022 were US$ 4,458 million versus US$ 3,667 million in the year-ago quarter. The diluted EPS of Johnson & Johnson was reported at US$ 1.68 in the third quarter (2022) compared to US$ 1.37 in the corresponding quarter in 2021. The JNJ stock returned 1.97 per cent YTD.
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Intel Corporation (NASDAQ:INTC)
Intel Corporation is a US MNC and tech giant in Santa Clara, California. By far the world’s largest semiconductor manufacturing company, its chips are widely used in personal computers worldwide.
The chip maker paid a quarterly dividend of US$ 0.365 per share with a dividend yield of 5.275 per cent.
The INTC stock returned 4.73 per cent YTD.
The semiconductor major’s total revenue in the third quarter of fiscal 2022 was US$ 15.3 billion, down US$ 3.9 billion yearly. The company blamed a dip in CCG revenue by 17 per cent for this fall.
The gross margin in Q3 2022 was down 13.4 points compared to Q3 2021. The net income in the reported quarter of Intel came to US$ 1,019 million versus US$ 6,823 million in Q3 2021.
Walgreens Boots Alliance Inc. (NASDAQ:WBA)
Walgreens Boots Alliance is an American-British-Swiss holding corporation based out of Deerfield, Illinois. The owner of the retail pharmacy chains Walgreens and Boots paid a quarterly dividend of US$ 0.48 apiece. It holds a dividend yield of 5.121 per cent.
Walgreens reported Q4 2022 sales of US$ 32,449 million compared to US$ 34,262 million in the same period a year earlier. The company's gross profit in the last quarter of 2022 was US$ 6,410 million versus US$ 7,503 million in the year-ago quarter. The WBA stock returned 0.35 per cent YTD.
Bottom line:
As an investor, always do your homework well before selecting any stock. You might take a long-term strategy and do not expect to gain returns in the short term. You can diversify your portfolio and wait for the market to improve to normal.
