VZ - Buy 2 July Dow Dogs And Watch 6
2024-07-03 15:59:01 ET
Summary
- "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to numerous investors... Sector representation...is also a consideration."–Dow Jones & Co.
- The highest-yield 10 stocks are July’s Dogs of the Dow: HD, MMM, AMGN, KO, CSCO, JNJ, IBM, CVX, DOW, and VZ. They now average 3.79% annual yield, as prices rose into July.
- 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 July net-gains ranged 16.86%-30.10%, topped-by INTC as-of 7/1/24.
- Dow Industrial Index top-ten firms by broker target-price upside, DOW, CRM, V, JNJ, CVX, BA, MCD, DIS, NKE, and INTC averaged 20.93%.
- Analyst one-year targets showed the ten highest-yield Dow stocks producing 4.42% more gain from $5k invested in the lowest-priced five than from the same investment in all ten. Lower-priced (“little” Dow dogs) lead the pack by a near half-length into-July.
Foreword
While most of this collection of Dow Industrials is too pricey and reveals only skinny dividends, two of the five lowest priced Dogs of the Dow are ready to buy. July finds Verizon Communications Inc ( VZ ), and Dow Inc ( DOW ) living up to the dogcatcher ideal of annual dividends from $1K invested exceeding 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 2 July Dow Dogs And Watch 6