We start by looking back at last year’s list which contain only limited amount of companies because of an explosive move from March low. It should not surprise anyone that value oriented strategy such as low P/E and low P/B out performed. These strategies tend to outperform at market bottom.

Best performing stock was State Auto Financial Corp (STFC) which rose 77% driven by acquisition by Liberty Mutual. On the opposite end of the spectrum is AT&T (T) which lost 5%. Chasing high yield proved to be less desirable strategy.
U.S. Dividend Watch List: October 8, 2021
It was a positive week for the market but a pattern of lower high and lower low could be on the horizon if the S&P 500 can’t break 4,450. We are seeing more companies on our watch list which could also signal a weakness in the internal market. A careful consideration of long-term investment from this list would be a good starting point. Continue reading →