The Dogs of the Dow Didn't Hunt in 2020, and 2021 Isn't Looking Much Better
WKBT January 7, 2021 9:32 AM newsfeedback@fool.com (James Brumley) Posted: Updated: January 9, 2021 5:59 AM Not that anything about 2020 was normal, but a long-tenured, stock-picking approach failed last year — big time. The so-called Dogs of the Dow strategy meant to identify undervalued blue chips underperformed the very narrow index from which it draws its picks. Then again, that can’t come as a complete surprise. These gimmicks sound reasonable enough on the surface. At the end of the day, though, nothing replaces good ol’ common sense. What are the Dogs of the Dow? If you...
Source: news8000.com