These are the worst 10 performing Dow stocks over the past 12 months. Remember the Dogs of the Dow theory learns from behavioral economics to suggest people over correct when they see stocks doing better or worse then average i.e. they behave differently then an efficient market would dictate. There seems to be some evidence that buying the dogs of the Dow, holding them for 12 months, and then selling them delivers market out performance.
As you know I added GE, PG, & MRK to the portfolio recently. Next week I am going to have a look at WALGREENS BOOTS ALLIANCE (WBA) and will let you know what I find.
Walgreens is being added into the DOW to replace GE, but you could hardly say Walgreens has been a great performer over the past 12 months. Lets see what the next 12 months holds.
Warning: This post does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this post. Before acting on information in this post, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.