Category Archives: High P/E

TSX 60 Top Ten

In our posting from July 15, 2020, we ran the numbers and compared the performance.  Below is the latest update of the top ten stocks for anyone who wishes to make new investments in the Canadian stocks that are part of the TSX 60. Continue reading

Chart of the Day: PE ratios 1921-1930

Below is the average price-to-earnings ratio of twelve stocks from the 1921 low to December 1930.

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Worth noting is that the late 1929 low would have been considered undervalued to most investors.

Dogs of the Dow: Part 1

Based on the work of TradingTips.com, the following are the Dogs of the Dow (ten highest dividend yielding stocks) from November 4, 2016 and their performance as of November 15, 2017 (intraday):

symbol name total return
PFE Pfizer Inc. 23.93%
CSCO Cisco Systems, Inc. 17.63%
KO The Coca-Cola Company 16.25%
VZ Verizon Communications Inc. -1.36%
MRK Merck & Co., Inc. -3.73%
XOM Exxon Mobil Corporation 2.01%
CAT Caterpillar Inc. 68.31%
CVX Chevron Corporation 15.81%
BA The Boeing Company 95.67%
IBM IBM 1.38%
Average % change 23.59%

TradingTips.com also published a subset of the above list called the Small Dogs. (five lowest priced of the above 10 stocks). Those stocks from November 4, 2016 to November 15, 2017 (intraday)  have had the following performance:

symbol name total return
PFE Pfizer Inc. 23.93%
CSCO Cisco Systems, Inc. 17.63%
KO The Coca-Cola Company 16.25%
VZ Verizon Communications Inc. -1.36%
MRK Merck & Co., Inc. -3.73%
Average % change 10.54%

Below, we have generated the average performance of the top 3 Dow Jones Industrial Average (DJIA) stocks in the listed categories From November 4, 2016 to November 15, 2017 (intraday).  The results show a considerable contradiction to the conventional wisdom on this topic.

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