VZ - Buy 1 June Dow Dog And Watch 3
2024-06-05 10:27:05 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.”–Dow Jones & Co.
- The highest-yield 10 stocks are June’s Dogs-of-the-Dow: HD, MMM, AMGN, KO, JNJ, CSCO, IBM, CVX, DOW, and VZ. They now average only a 3.80% annual yield, as prices rose in May.
- Thirty Dow stocks represent nine-of-eleven sectors. Dow Jones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated June net gains ranged 18.71%-32.71%, topped by INTC as of 6/3/24.
- Dow Industrial Index top-ten firms by broker target-price upside, MSFT, CSCO, CVX, NKE, BA, MCD, DIS, AMZN, CRM, and INTC averaged 21.18%.
- Analyst one-year targets showed ten highest-yield Dow stocks producing 16.29% 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 one and two-thirds lengths into June.
Foreword
While most of this collection of Dow Industrials (DJI) is too pricey and reveals only skinny dividends, one of the five lowest priced Dogs of the Dow is ready to buy. Again, this month, only Verizon Communications Inc. ( VZ ), lives up to the dogcatcher ideal of annual dividends from $1K invested exceeding its single share price.
In late February, Dow Jones replaced the low-priced high-yield dividend payer Walgreens (WBA), with Amazon (AMZN), a high-priced non-dividend payer....
Buy 1 June Dow Dog, And Watch 3