Dow Jones Stocks Show Strong Growth Potential
The Dow Jones (^DJI) is home to many of America's largest companies, but only a few are growing at a strong pace. Among them are Amazon (AMZN), Nvidia (NVDA), and Amgen (AMGN). These blue-chip stocks have adapted to change and driven shareholder value.
Amazon, founded by Jeff Bezos after he left his job at D.E. Shaw, is the world's largest online retailer and provider of cloud computing services. Its impressive revenue growth can be attributed to its highly profitable AWS segment, which has also driven top-line momentum.
Nvidia, a leading fabless designer of chips used in gaming, PCs, data centers, automotive, and various end markets, has seen annual revenue growth of 77.4% over the past two years. Its robust free cash flow margin of 42.5% gives it many options for capital deployment.
Amgen, a biotechnology company founded in 1980, discovers, develops, and manufactures innovative medicines to treat serious illnesses like cancer, osteoporosis, and autoimmune diseases. Its revenue base of $38.1 billion gives it economies of scale and negotiating power.