Graph says all. PE = NMF, they're losing money and stock's been in down channel for quite a while; but the dividend yield at $44 is 6.4%; analyst expectations estimates agree DOW is going to earn more next year in FY 2020 with resizing and trimming, efficiency improvements &tc. Revenue is growing; From $3.4 RPS FY 2019 is expected to go to $4.4 RPS next year and...
Dogs of the Dow for 2018 compared to the S&P500 (grey line) in a monthly timeframe.
Although a little bit late, I took the opportunity of this correction in the US Market to buy all of them. The same amount of $ for each, to be brought until the end of the year.
The 'Dogs of the DOW' is a trading strategy that is commonly known and looked for. The best candidate for the 'Dogs of the DOW' for 2018 is GE. It has continued to fall as the DJIA has continued to climb.
This is not a strategy to just jump into. Watch the trendline for validation that price is looking to change direction.
All the best!
