With the close of 2008, we can now review the performance of the Dogs of the Dow. The Dogs of the Dow is an investing strategy were one invests in the ten highest yielding stocks in the Dow Jones Industrial Average as of the last trading day of the prior year.
The performance of the Dow Dogs in 2008 was -41.6% versus the Dow Jones Index performance of -36.9%. Over recent years, the Dogs of the Dow strategy has been mixed.
The performance of the Dow Dogs in 2008 was -41.6% versus the Dow Jones Index performance of -36.9%. Over recent years, the Dogs of the Dow strategy has been mixed.
(click to enlarge)
The Dow Dogs for 2009 are detailed below. New members include Bank of America (BAC), Alcoa (AA), Merck (MRK) and Kraft (KFT). Those companies that were dogs in 2008 and are dropped from the 2009 list are Citigroup (C), General Motors (GM), Altria (MO) and Home Depot (HD).(click to enlarge)
Source: Dogs of the Dow
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