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The Best-Performing Dow Stocks This Year Have More Room to Run in 2021, Traders Say

Piper Sandler chief market technician Craig Johnson and Simpler Trading director of options Danielle Shay checked that list not once but twice and picked their favorites into the new year. Stick with the winners here, Johnson told CNBC s Trading Nation on Wednesday. Apple has definitely made Santa s nice list this year. Apple is by far the best Dow performer of 2020. Shares have risen 78%, nearly double the gains for Microsoft. The stock is roughly 5% from its record set in early September. When you look at the chart, you re still in a very nice well-defined uptrend. You can see that we ve come back, successfully retested it, and we re getting back to retesting those old highs, Johnson said. So, from my perspective, I m going to stick with Apple. I think it s a gift that just won t be returned this year.

Mark Newton

Coca-Cola Co (NYSE: KO) saw its shares hit a new 52-week high Tuesday in reaction to its second-quarter results but the stock still has a lot more room to run, says CNBC s Jim Cramer. Cramer: Throwback To The 1980s Coca-Cola s era of growth started in the 1980s when the U.S.. Read More.

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