Dow Stocks to Watch in September
September has historically been a weak month for stocks, with an average loss of 0.7% in the S&P 500 index over the past 75 years.
The Dow Jones Industrial Average tracks 30 industry leaders, making it a useful benchmark for identifying solid investments. Three components stand out as worth watching heading into the month: Home Depot (NYSE: HD), Visa (NYSE: V), and Procter & Gamble (NYSE: PG).
Home Depot has fallen about 19% over the past 12 months, but its business model remains strong, with a return on invested capital exceeding 21%. The company's growth is poised to recover in September due to a potential rate cut, which could shift demand back toward professional customers.