Dogs of the Dow Countdown – Week 3

Last week the Dow rose to new all-time highs on bullish news and all of the Dog candidates except GM rallied . GE and T raised their dividends. Other than higher prices and lower yields, the only change to the list of Dog candidates was that GE rose to ninth place in the yield ranking and JPM fell to tenth place. The yield on the 10-year Treasury rose to 4.59. Last week VZ was appealing because it was yielding more than the 10-year bond, but that edge is now gone. We still have two weeks until theofficial Dogs purchase date, and a lot can happen in two weeks, but unless something changes I may not be adding to mypositions in these stocks this year. GE was looking mildly interesting at 35, but not at 37.36.

Ticker Name Price Yield Beta
VZ Verizon 36.48 4.44% .92
MO Altria 85.21 4.04% .84
PFE Pfizer 25.64 3.74% 1.01
T AT&T 35.66 3.73% .86
C Citigroup 54.04 3.62% .86
MRK Merck 44.00 3.45% .46
GM General Motors 29.26 3.42% 1.49
DD Dupont 48.75 3.04% 1.12
GE General Electric 37.36 3.00% .83
JPM JP Morgan 48.30 2.82% 1.09

dogs.doc

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