Performance Review
Below is a graphing of the Canadian Dividend Watch List performance from October 2015.
The performance of the watch list from October 2015 shows exactly what we suspected. At the time, we said the following:
“Our best guess is that the analysts are too optimistic. We’d aim for the stocks that are slated to generate average returns going forward.”
When compared to the other categories, our guess that the group marked as “average” would exceed the analyst expectations was fairly accurate. As luck would have it, our perspective prevailed while exceeding the Toronto Stock Exchange. Click on the above “analyst estimate” chart to see how we ranked the stocks for each category.