With the first half of 2013 in the books, it's time to evaluate what has been going on in the world of stocks. Year to date, the Dow Jones Industrials Index is up 13.78%, S&P 500 is up 12.63%, and the Nasdaq is up 12.71%, which are pretty good gains considering the selling that has been going on lately. Of the thirty stocks I follow, which I have labeled Abba's Aces, 22 of them are beating the S&P 500 with only one in the red; you guessed it, Apple (AAPL). All the stocks I follow are dividend paying stocks, and I know what you are thinking at this particular moment; "Dividend paying stocks are getting butchered because bond yields are increasing, therefore people are leaving dividend paying stocks for the safer asset class and depreciating the price of the stock." In my strategy, I don't just go for stocks with great yields, I go for stocks with okay yields but that can provide capital appreciation in terms of earnings growth.
The thing I've noticed about the thirty that I monitor is that the top four gainers on the year are mid-cap companies; Cracker Barrel, Dunkin Donuts (DNKN), Williams - Sonoma (WSM), and Hasbro. Not only are the top four gainers mid-cap stocks, but all my mid-cap stocks beat out the S&P 500. I believe the rest of the year is going to be choppy and would not be surprised if the year ends with this current 12% gain on the S&P 500. With the pattern I've picked up on for the mid-cap stocks, I will be looking at them more intently throughout the next six months and picking up some more of them on the dips. The current list of mid-caps include KLA-Tencor (KLAC), L-3 Communications (LLL), Cincinnati Financial (CINF), and the other four I mentioned at the top part of this conclusion.
Source: Seeking Alpha
Related Articles:
- 9 High-Yield Stocks With A Low Price To Book
- Defined-Benefit Pension Plus Dividend Stocks For A Prosperous Retirement
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- Asset Allocation For Income Investors
- 8 Stocks With Strong Dividend Growth Metrics
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If it's dividends you're after, there are plenty of top companies to consider, particularly those on the Dow Jones Industrial Averag...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment