Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Pfizer Inc. (PFE), Verizon Communications Inc. (VZ), The Coca-Cola Company (KO): The Top 3 Stocks on the Dow Last Week

It was another wild week on Wall Street, but at the end of the week the Dow Jones Industrial Average was up 0.88% and the S&P 500 had gained 0.78%. Early in the week, stocks dropped because investors feared the Federal Reserve would taper off a bond-buying program that’s helped keep interest rates low, but by the end of the week, losses had reversed on another pretty mediocre employment report.

Pfizer Inc. (NYSE:PFE) led the Dow this week by gaining 3.8%. The company partnered with a company called CytomX to build antibody-drug conjugate products to fight cancer. The company can get an upfront payment of $25 million and a much as $610 million if sales goals are reached. Cancer drugs are really the next frontier for drug companies, and hopefully this is a winner for Pfizer Inc. (NYSE:PFE).

Pfizer Inc. (NYSE:PFE)

Verizon Communications Inc. (NYSE:VZ) was second in the Dow this week with a 3.6% gain — surprising, considering how much the company was in the headlines. The Guardian broke a story about Verizon’s cooperating with an NSA requirement to turn over information about both domestic and international phone calls, and another privacy debate erupted around the country. Verizon Communications Inc. (NYSE:VZ) didn’t have much of a choice considering the court order, so you can’t really blame the company for cooperating. If we focus on the longer term, I think Verizon Communications Inc. (NYSE:VZ) is still in prime position in the wireless market, and the NSA debate will grab headlines for only a short time. A 4.2% dividend yield and a wide competitive moat make this one of the best stocks on the Dow.

Rounding out the top three this week was The Coca-Cola Company (NYSE:KO), which gained 3.6%. Sometimes it takes a wild week like this for the market to appreciate a steady company like The Coca-Cola Company (NYSE:KO). The soft-drink giant has an incredible competitive advantage around the globe and has managed to update its business as consumers have trended to healthier drinks in recent years. A 17.7 forward P/E ratio may sound expensive for some stocks, but this company will be around in another 100 years, and sometimes it takes turbulent markets for investors to realize that.

The article The Top 3 Stocks on the Dow This Week originally appeared on and is written by Travis Hoium.

Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Coca-Cola.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!