The Dow Jones industrial average is closing out its best year since 2013 and Boeing (BA), Caterpillar (CAT), Apple (AAPL), Visa (V) and Wal-Mart (WMT) were the top five blue-chip winners in 2017. All five were big winners in the broader S&P 500 index as well. Apple comes in at number three, up 48%.
Investor's Business Daily further noted that "The tech giant released its highly anticipated iPhone X in November, the biggest redesign in three years, along with the cheaper iPhone 8. Looking ahead to 2018, analysts question if the new product releases were enough to spark a "supercycle" of smartphone upgrades."
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