These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average With 2024 Almost Over

Core Viewpoint - The Dow Jones Industrial Average is expected to end positively in 2024, with a year-to-date increase of 18.7%, largely driven by the top five performing companies among its components [1]. Group 1: Top Performers - Nvidia has seen a remarkable share price gain of 173% year-to-date, being recognized as a key player in the artificial intelligence boom due to its innovative products [3][6]. - Walmart has achieved a 75% increase in share price, significantly benefiting from its aggressive embrace of online shopping, leading to phenomenal growth in key fundamentals [4][6]. - American Express has experienced a 62% gain, while Goldman Sachs and JPMorgan Chase have seen increases of 57% and 47% respectively, benefiting from favorable economic conditions and increased demand for financial services [2][5]. Group 2: Economic Context - The finance sector companies, including American Express, Goldman Sachs, and JPMorgan Chase, tend to outperform during positive economic conditions, supported by lower interest rates and a recovering economy [5]. - Economists predict continued macroeconomic growth and a decline in inflation in the U.S., which could further support the performance of these companies [6].