Dividends4Life: McBoring: Dividend Stocks Rule

McBoring: Dividend Stocks Rule

Posted by D4L | Thursday, April 18, 2013 | | 0 comments »

The stock market is hotter than Tiger Woods' golf game. But even though the Dow and S&P 500 are hitting new records on an almost daily basis, an interesting shift has taken place lately. Boring stocks are pulling a Justin Timberlake and bringing sexy back. (Perhaps in a suit & tie?) McDonald's (MCD) is looking golden. Shares are up 16% this year. They've topped the century mark and are near an all-time high.

Other so-called consumer durable stocks, like Coca-Cola (KO), Pepsi (PEP) and Procter & Gamble (PG), are up 17% this year. The Dow Jones Utility Average (DJU), a collection of 15 power companies, has gained 6.5% during the past month and 15% so far this year. That's better than the broader Dow, S&P and the Nasdaq. (It's electric. Boogie woogie woogie!)

Source: CNN Money

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