As Donald Trump concludes his first year in office, the Dow Jones Industrial Average is up more than 30 percent. While experts and the President disagree over who is responsible for the increase, GOBankingRates crunched the numbers to find out exactly how much richer you’d be if you had purchased 100 shares of stock in each of the Dow’s 30 companies at the time of Trump’s inauguration. Turns out it’s a pretty nice sum.
Click through to see which stocks have soared during Trump’s first year in office, and which have slumped.
1. Boeing Co.
January 2017 Share Price: $158.94
January 2018 Share Price: $336.21
Percentage Return: 111.53 percent
Profit on 100 Shares: $17,727
Boeing might have started the year getting lambasted on Twitter by Trump, but it managed to win him back over and finished the year having more than doubled its stock price. The company’s huge growth was driven by a record-setting quarter for deliveries. Anyone fortunate enough to have purchased 100 shares on the same day as Trump’s inauguration would be looking at profits in excess of $15,000 at this point.
Not every stock can be Boeing — learn which stocks have performed the worst over the past year.
2. Caterpillar Inc.
January 2017 Share Price: $94.60
January 2018 Share Price: $170.30
Percentage Return: 80.02 percent
Profit on 100 Shares: $7,570
A boost in global construction activity in 2017 meant a big year for Caterpillar, a manufacturer of heavy equipment. The company consistently beat expectations for sales and earnings, helping drive the stock to a whopping 80.02 percent gain on the year.
January 2017 Share Price: $67.01
January 2018 Share Price: $100.87
Percentage Return: 50.53 percent
Profit on 100 Shares: $3,386
If the days of brick-and-mortar retail are over, nobody thought to tell Walmart. The largest retailer in the world continued to impress to the tune of a 50.53 percent gain in shares over the past year. Walmart also kicked off the New Year with the announcement that it would be raising the starting wage for all its employees and offering a $1,000 bonus to eligible employees. Another bonus for investors: Walmart is one of the best dividend-paying stocks of all time.
4. Apple Inc.
January 2017 Share Price: $120.00
January 2018 Share Price: $177.09
Percentage Return: 47.58 percent
Profit on 100 Shares: $5,709
Apple had a big year in 2017 by doing a lot of the same things that helped make it the most valuable company in the world. Namely, it sold a whole lot of iPhones. The company saw shares climb more than 47 percent over the past year as it rolled out the iPhone X, a product CEO Tim Cook called “the biggest leap forward since the original iPhone.”
5. Visa Inc.
January 2017 Share Price: $81.70
January 2018 Share Price: $120.09
Percentage Return: 46.99 percent
Profit on 100 Shares: $3,839
Visa continues to make major strides into the digital payment space, including success in the initial rollout of Visa Checkout. This strategy is clearly an attempt to be forward-looking and keep new payment options from disrupting Visa’s business. Investors appear bullish on the company’s ability to transition into the future, given the stock’s better-than-average rise over the past year.
6. Home Depot Inc.
January 2017 Share Price: $135.31
January 2018 Share Price: $196.42
Percentage Return: 45.16 percent
Profit on 100 Shares: $6,111
Home Depot rewarded shareholders at the beginning of the year when it increased its quarterly dividend by 29 percent, another reason why dividend stocks are great for beginner investors. Meanwhile, the home improvement retailer kept turning in improved sales numbers throughout the year. The stock was also buoyed by increased demand for items like generators and building materials brought on by the busy hurricane season. The market took notice, and the increased investor interest helped drive the stock up 45.16 percent.
7. UnitedHealth Group Inc.
January 2017 Share Price: $158.62
January 2018 Share Price: $228.64
Percentage Return: 44.14 percent
Profit on 100 Shares: $7,002
UnitedHealth Group, the country’s largest health insurer, sidestepped many of the issues with uncertainty surrounding the future of Obamacare by pulling out of most of the exchanges in 2016. The past year was a kind one to UnitedHealth investors as the stock climbed 44.14 percent, including the company’s biggest single-day price gain ever in October.
8. Microsoft Corp.
January 2017 Share Price: $62.70
January 2018 Share Price: $89.60
Percentage Return: 42.90 percent
Profit on 100 Shares: $2,690
Microsoft posted solid revenue growth in 2017 as its cloud services continued to gain steam. Even still, some analysts see the company growing the top line even further in the future, helping shares rise nearly 43 percent over the last year.
9. McDonald’s Corp.
January 2017 Share Price: $121.69
January 2018 Share Price: $173.57
Percentage Return: 42.63 percent
Profit on 100 Shares: $2,690
Whether the fact that Trump is a known fan of fast food had any effect on McDonald’s growth is hard to say, but what can be clearly stated is that the iconic burger chain did very well in 2017. While the burger market might be growing more competitive, McDonald’s reported strong sales growth last year that had investors flocking to the stock.
10. 3M Company
January 2017 Share Price: $177.91
January 2018 Share Price: $244.47
Percentage Return: 37.41 percent
Profit on 100 Shares: $6,656
Materials conglomerate 3M had a banner year with strong earnings and revenue growth and an improved outlook for the year. That helped drive the company’s stock 37.41 percent higher over the course of Trump’s first year in office. 3M is another blue-chip stock that offers consistent dividends.
11. Cisco Systems Inc.
January 2017 Share Price: $30.14
January 2018 Share Price: $40.87
Percentage Return: 35.60 percent
Profit on 100 Shares: $1,073
Systems company Cisco made a big splash in October by acquiring communications software provider BroadSoft for about $1.9 billion. It was part of a big year for Cisco as its shares gained more than 35 percent, outpacing the Dow.
12. JPMorgan Chase & Co.
January 2017 Share Price: $83.30
January 2018 Share Price: $112.67
Percentage Return: 35.26 percent
Profit on 100 Shares: $2,937
JPMorgan, like Dow competitor Goldman Sachs, saw trading revenues take a hit over the past year because of low volatility in the stock market. Unlike Goldman Sachs, however, JPMorgan Chase posted big gains, with the stock rising 35.26 percent in Trump’s first year in office. One possible explanation lies in the fact that the company owns Chase, a commercial bank, meaning it’s less exposed to the trading losses that take a bigger toll on Goldman Sachs, which is exclusively an investment bank.
13. American Express Co.
January 2017 Share Price: $75.92
January 2018 Share Price: $100.97
Percentage Return: 33 percent
Profit on 100 Shares: $2,505
American Express announced that it would be revamping its Platinum Card with new perks and, perhaps more importantly for the stock, boosting the annual fee from $450 a year to $550 a year. Along with increases in its interest income, shares of American Express were up some 33 percent for the year.
14. E. I. du Pont de Nemours & Co.
January 2017 Share Price: $57.38
January 2018 Share Price: $75.41
Percentage Return: 31.42 percent
Profit on 100 Shares: $1,803
The chemical company DuPont made big news over the summer when it finalized its merger with Dow Chemical to form DowDuPont. The new combined company is the last on this list to beat the broader Dow index in performance, returning 31.42 percent for the year.
15. Johnson & Johnson
January 2017 Share Price: $114.51
January 2018 Share Price: $145.76
Percentage Return: 27.29 percent
Profit on 100 Shares: $3,125
Johnson & Johnson has done pretty well, compared to its Dow compatriates and drug company rivals Merck and Pfizer. Where Merck and Pfizer struggled to gain stock price momentum over the past year, Johnson & Johnson might be benefiting from excitement over its pipeline of new drugs expected to gain regulatory approval.
16. United Technologies Corp.
January 2017 Share Price: $110.84
January 2018 Share Price: $136.58
Percentage Return: 23.22 percent
Profit on 100 Shares: $2,574
United Technologies was the focus of a lot of attention during Trump’s first year in office after one of its subsidiaries, Carrier, agreed not to close an Indiana plant in exchange for tax breaks. Despite being hailed by Trump at the time, United Technologies has since laid off hundreds of the workers whose jobs were supposedly saved in late 2016. The company’s stock has managed gains of 23.22 percent, which is good but not great considering the overall market performance.
Jobs are being lost across the manufacturing industry, and it’s hitting these states the hardest.
January 2017 Share Price: $53.02
January 2018 Share Price: $64.67
Percentage Return: 21.97 percent
Profit on 100 Shares: $1,165
Nike announced a major deal with Amazon for a partnership that could allow the athletic apparel and shoe company to sell sneakers directly through the e-commerce giant. However, that deal came alongside news that Nike would be cutting some 1,400 jobs and several sneaker lines in an effort to cut costs as it continues to lose ground to Adidas amid slumping sales. The stock gained 21.97 percent on the year, lagging the rest of the Dow.
18. Intel Corp.
January 2017 Share Price: $37.07
January 2018 Share Price: $43.24
Percentage Return: 16.64 percent
Profit on 100 Shares: $617
Intel looked pretty disappointing for most of 2017, but its third-quarter earnings were much better than expected, prompting a big rally that helped the stock finish up nearly 17 percent over the past year.
19. Chevron Corp.
January 2017 Share Price: $115.12
January 2018 Share Price: $133.60
Percentage Return: 16.05 percent
Profit on 100 Shares: $1,848.00
Chevron’s stock performance might lag behind the Dow, but it beat competitor Exxon Mobil handily on the year. The reason might lie in rising oil prices, which Chevron is better positioned to take advantage of thanks to surging oil production due to major projects coming on line in the second quarter.
Related: How to Invest in Oil
January 2017 Share Price: $31.68
January 2018 Share Price: $36.54
Percentage Return: 15.34 percent
Profit on 100 Shares: $486
A 15.34 percent return on the year would normally be pretty good news for Pfizer, which has seen shares go sideways since the early 2000s. But given how badly the drug maker lagged behind the rest of the Dow over the last year, investors are likely not real happy with the result. Disappointing earnings kept shares from growing faster.
21. Travelers Companies Inc.
January 2017 Share Price: $118.16
January 2018 Share Price: $134.73
Percentage Return: 14.02 percent
Profit on 100 Shares: $1,657
While insurance company Travelers might have underperformed the rest of the Dow, a 14.02 percent gain is nothing to scoff at in a year when the company took big hits due to hurricanes in Florida and wildfires in California.
22. Coca-Cola Co.
January 2017 Share Price: $41.31
January 2018 Share Price: $46.15
Percentage Return: 11.72 percent
Profit on 100 Shares: $484
Coca-Cola might be a classic American brand, but it’s not immune to changes in taste. Americans are drinking a lot less soda, with Beverage Digest reporting that 2016’s 1.2 percent drop in sales marked the 12th straight year of declines, and that sales reached their lowest level since 1985. The result was a disappointing 11.72 percent share price gain on the year.
In 2017 Warren Buffett, Coca-Cola’s No. 1 fan, maintained his current holdings of the company.
23. Goldman Sachs Group Inc.
January 2017 Share Price: $231.86
January 2018 Share Price: $257.03
Percentage Return: 10.86 percent
Profit on 100 Shares: $2,517
Goldman Sachs, along with most of the investment banking world, struggled with declining trading revenues in 2017 due to a lack of volatility — particularly in fixed income, commodities and currencies. The company’s stock only posted a yearly rise of 10.86 percent. However, it’s worth noting that shares made significant gains in the immediate aftermath of Trump’s election, meaning some of its potential gains were priced in before Trump took office.
24. Walt Disney Co.
January 2017 Share Price: $107.34
January 2018 Share Price: $112.47
Percentage Return: 4.78 percent
Profit on 100 Shares: $513
It seems like it should have been a big year for Disney, with the company acquiring a significant chunk of competitor 21st Century Fox, the box office success of “The Last Jedi” and the announcement of plans to pull its movies from Netflix in favor of its own streaming service. However, the continued decline of cable revenues, driven by the ongoing troubles at Disney’s flagship ESPN property, have kept its Trump-era gains to a paltry 4.78 percent.
Look for more uncertainty at Disney in 2018, as longtime CEO Bob Iger, who saved the company, tries to find his successor.
25. Procter & Gamble Co.
January 2017 Share Price: $87.09
January 2018 Share Price: $89.61
Percentage Return: 2.89 percent
Profit on 100 Shares: $252
It was a dramatic year for consumer-goods conglomerate Procter & Gamble, featuring stock gains and losses and a wild proxy battle that ended with activist investor Nelson Peltz managing to win a seat on the board of directors. The company’s future remains uncertain, and a slim 2.89 percent yearly gain in a bull market isn’t what investors would like to see from this blue-chip stock.
26. Exxon Mobil Corp.
January 2017 Share Price: $85.68
January 2018 Share Price: $87.52
Percentage Return: 2.15 percent
Profit on 100 Shares: $184
Given the emphasis on expanding oil and gas production from the Trump administration, a gain of only 2.15 percent from Exxon Mobil is a bit of a head-scratcher. However, Exxon has come back strong since the fall, rallying from as low as $76.10 a share at the end of August for a 15 percent rally, driven by rising prices for crude oil.
27. Verizon Corp.
January 2017 Share Price: $52.46
January 2018 Share Price: $51.86
Percentage Return: -1.14 percent
Profit on 100 Shares: -$60
Verizon investors were betrayed by a stock that was in steep decline when the year started. But while the 1.14 percent decline in Trump’s first year is clearly disappointing, the company was in far worse shape before it unveiled its new unlimited plans that sparked a July rally to help shares almost break even for the year.
28. International Business Machines
January 2017 Share Price: $170.08
January 2018 Share Price: $163.14
Percentage Return: -4.08 percent
Profit on 100 Shares: -$694
Big Blue has been making investors blue in a big way for a while now, as the company notched its 22nd straight quarter of declining revenue in 2017. The stock appeared to spark a rally in October with an earnings report that prompted the biggest one-day gain in eight years despite another decline in revenue. The company still managed to post better-than-expected profits even amid falling sales.
Can IBM turn things around? It has reinvented itself in the past and thrived.
29. Merck & Co.
January 2017 Share Price: $61.81
January 2018 Share Price: $58.66
Percentage Return: -5.01 percent
Profit on 100 Shares: -$315
Merck’s shares plunged in October when the company released third-quarter earnings revealing that a June ransomware attack hurt the company’s bottom line, and also announced that it would withdraw an application for use of its flagship lung cancer drug Keytruda in combination with chemotherapy in Europe. Shares dropped more than 14 percent from Oct. 20 to Oct. 30, putting it in negative territory during Trump’s first year.
Merck has dealt with bad news in the past, including the fallout from recalling its drug Vioxx — one of the most notorious product recalls of all time.
30. General Electric
January 2017 Share Price: $30.50
January 2018 Share Price: $18.76
Percentage Return: -38.49 percent
Profit on 100 Shares: -$1,174
Losing nearly 40 percent of your share value in a year is never a good thing, but it’s even worse when you manage to do it while the rest of the Dow gains over 30 percent. That’s probably why GE parted ways with longtime CEO Jeffrey Immelt in early October. The real harbinger of doom? Warren Buffett revealed that he had dumped Berkshire Hathaway’s entire stake in the company at the end of June.
Profit on 100 Shares of All 30 Companies
Say that you purchased 100 shares of each company in the Dow at the opening bell the Monday after Trump’s inauguration. It would have cost you $287,375 to do so, and you would have earned $87,375 in profit almost a year later.
All data from Yahoo! Finance. Returns based on opening share price on Jan. 23, 2017, to closing price on Jan. 12, 2018.
This article is produced for informational purposes only and is not a recommendation to buy or sell any securities. Investing comes with risk to loss of principal. Please always conduct your own research and consider your investment decisions carefully. The author holds shares of Verizon and Walmart.
Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.