VZ - Buy 1 Dog Of The Dow In May; See 4 More Play
2024-05-05 08:56:12 ET
Summary
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.”–DowJones&Co.
- The highest-yield 10 stocks are May’s Dogs of the Dow: HD, KO, AMGN, JNJ, CSCO, IBM, CVX, DOW, MMM, and VZ. They now average a 4.17% annual yield, as prices.
- Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated May net-gains ranged 17.6%-38%, topped by INTC 5/1/24.
- Dow Industrial Index top-ten firms by broker target-price upside, MCD, HD, VZ, UNH, AAPL, AMZN, NKE, CRM, BA and INTC averaged 22.11%.
- Analyst one-year targets showed ten highest-yield Dow stocks producing 6.6% LESS gain from $5k invested in the lowest-priced five than from the same investment in all ten. Higher-priced (“big” Dow dogs) lead the pack by about two-thirds of a length into May.
Foreword
While most of this collection of Dow Industrials is too pricey and reveals only skinny dividends, one of the five lowest priced Dogs of the Dow is ready to buy. This month, only Verizon Communications Inc ( VZ ), lives up to the dogcatcher ideal of annual dividends from $1K invested exceeding their single share prices.
in late February Dow Jones replaced the low priced high yield dividend payer WBA, with AMZN, a high-priced non-dividend payer....
Buy 1 Dog Of The Dow In May; See 4 More Play