Barchart: Selling Covered Calls On The 2024 Dogs Of The Dow Stocks
From Barchart:
The Dogs of the Dow strategy is a long-standing investment approach that involves buying the 10 highest yielding stocks in the Dow Jones Industrial Average. This strategy aims to take advantage of high dividend yields and potentially undervalued stocks. By purchasing these high-yield stocks, investors hope to benefit from both dividend income and potential capital appreciation. The strategy is based on the belief that the stocks with the highest dividend yields in the Dow are temporarily out of favor and therefore undervalued, making them likely to rebound in the future. The Dogs of the Dow strategy has been popular among some investors for its simplicity and potential for strong returns over time. However, there are also criticisms of the strategy, including the fact that it does not take into account fundamental factors or the specific circumstances of individual stocks. Nonetheless, for those investors looking for a straightforward, long-term investment approach, the Dogs of the Dow strategy may be worth considering.
Original: Selling Covered Calls On The 2024 Dogs Of The Dow Stocks