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 and S&P 500 from the close of January 3, 2020 to the close of March 6, 2020.
Counter trend movement can be seen by the Top 3 and Top 5 lists, relative to the indexes. The only question is how long can this exceptional movement last?