New "Dog" General Electric (GE) Sees Upside
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Dow component General Electric (NYSE: GE) is seeing notable upside today. This could be related to investors getting into this new "Dogs of the Dow" stock early.
As StreetInsider.com noted yesterday General Electric is a shoe-in for the popular list for 2012. 2011's top "Dogs of the Dow" stock is McDonald's (NYSE: MCD), up 34%. MCD will be out in 2012.
In the "Dogs of the Dow" strategy, investors buy the top 10 dividend yielding stocks in the Dow Jones Industrial average at the start of the year.
Shares of GE are up 1.3 percent Thursday to $18.07.
As StreetInsider.com noted yesterday General Electric is a shoe-in for the popular list for 2012. 2011's top "Dogs of the Dow" stock is McDonald's (NYSE: MCD), up 34%. MCD will be out in 2012.
In the "Dogs of the Dow" strategy, investors buy the top 10 dividend yielding stocks in the Dow Jones Industrial average at the start of the year.
Shares of GE are up 1.3 percent Thursday to $18.07.
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