#Apple, #Cisco, #IBM, #Intel, #Microsoft: Dow Tech Stocks Need To Provide Leadership In 2017  Intelligent Investing Ideas from Forbes Investor Team Richard Henry Suttmeier, Contributor The Dow Jones Industrial Average ended last week up 13.9% year to date and set an all-time intraday high of 19,966.43 on Wednesday, Dec. 14, as the Federal Reserve raised the federal funds rate. Since then, the “Trump Bump” could face a “Trump Slump” correction. Now it’s up to the five tech stocks in the Dow 30 to provide market leadership, as these names provide the backbone for economic growth in 2017 and beyond. Apple can create high-paying jobs in the U.S. by repatriating its overseas wealth and building manufacturing plants in America. Networking giant Cisco Systems should have solutions to make sure that our infrastructure, both physical and in cloud cannot ever be hacked again. IBM and the intelligence of Watson, has already in the process of hiring to create jobs based upon the IBM cloud computing. Every infrastructure project will rely on computer chips for efficiencies, and semiconductor giant Intel will be called upon to help do so. Microsoft, the innovator of hands-on computer applications and its Surface platform is already providing leadership trading at an all-time intraday high.
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