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
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
When looking for dividend stocks to invest in, it is advisable to choose companies that have strong dividend histories and stable balance sh...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.