Why the Dogs of the Dow Look Doomed for 2017
The Dow Jones Industrials (DJINDICES: ^DJI) have had an incredibly strong 2017, with gains of 22% pushing the average above the 24,000 mark recently. That's been good news for many investors, but it has left some who've sought out market-beating strategies shaking their heads and wishing they'd just bought an index-tracking investment instead. One victim of 2017's success has been the Dogs of the Dow strategy, which emphasizes the most dividend-friendly stocks among the 30 components of the Dow. Despite often outperforming the broader average, the Dogs of the Dow are trailing by a hefty amount so far in 2017, and it's unlikely that there'll be enough time for the strategy to catch up in the last few weeks of the year.
Investment
Price Gain in 2017 Year to Date
Source: Fool.com
General Electric Co. Stock
With 32 Buy predictions and not a single Sell prediction General Electric Co. is an absolute favorite of our community.
With a target price of 163 € there is a slightly positive potential of 7.24% for General Electric Co. compared to the current price of 152.0 €.
