On January 6, 2020, we published our U.S. Dividend Watch List. On that list we broke out the data based on a ranking by fundamentals. Of the stocks that we highlighted, two categories that we liked are the top three low yield stocks and the top five high P/E stocks.
The performance of both groups are shown in contrast to the Dow Jones Industrial Average from the close of January 3, 2020 to the close of February 21, 2020.
So far there is a wide divergence of our watch lists as compared to the DJIA in the period from the January 3, 2020 close to the February 21,2020 close. We don’t expect this chasm between our lists and the DJIA to persist and will update as we go through the year.