Charles B. Carlson, CFA

The list below ranks the Dow stocks on the ratio of stock price to 200-day moving average price, from the lowest ratio to the highest ratio. The 10 Dow stocks with the lowest ratios are highlighted. A variation of my Worst-To-First Strategies focuses on creating portfolios from the 10 Dow stocks with the lowest ratio of current stock price to 200-day moving average price (1-stock, 3-stock, 5-stock, or 10-stock portfolios). For example, if you want a 3-stock portfolio, buy the first three stocks in the list and hold for 12 months.

FURTHEST FROM 200-DAY MOVING AVERAGE (Data as of: 4/21/2024)

Company Name	Ticker	Recent Price $	YTD % Price Change	Close Ratio
Walgreens Boots Alliance	WBA	18.24	-30.1	0.783
Boeing	BA	169.82	-34.8	0.808
Intel	INTC	34.20	-31.9	0.857
Apple	AAPL	165.00	-14.3	0.905
NIKE	NKE	94.53	-12.9	0.917
Johnson & Johnson	JNJ	147.91	-5.6	0.933
3M	MMM	92.27	-15.6	0.934
Cisco Systems	CSCO	48.32	-4.4	0.939
McDonald's	MCD	271.99	-8.3	0.965
UnitedHealth	UNH	501.13	-4.8	0.986
Amgen	AMGN	268.93	-6.6	0.990
Honeywell	HON	194.26	-7.4	0.996
Home Depot	HD	335.36	-3.2	1.005
Coca-Cola	KO	60.17	2.1	1.020
Chevron	CVX	160.00	7.3	1.032
Procter & Gamble	PG	158.14	7.9	1.034
Visa	V	269.78	3.6	1.054
Dow	DOW	56.66	3.3	1.055
Microsoft	MSFT	399.12	6.1	1.085
Walmart	WMT	59.53	13.3	1.085
Salesforce.com	CRM	270.37	2.7	1.094
Verizon Communications	VZ	40.49	7.4	1.100
Merck	MRK	125.78	15.4	1.116
IBM	IBM	181.58	11.0	1.130
Goldman Sachs	GS	404.00	4.7	1.135
J.P. Morgan Chase	JPM	185.80	9.2	1.140
Travelers	TRV	214.07	12.4	1.143
Disney	DIS	112.61	24.7	1.193
Caterpillar	CAT	354.66	20.0	1.224
American Express	AXP	231.04	23.3	1.281