This Popular Stock Strategy Got Pounded in 2020. Why 2021 Will Be Different
2020 has been a crazy year for the stock market. After getting absolutely crushed in the first quarter, the Dow Jones Industrial Average (DJINDICES: ^DJI) has spent the rest of the year climbing out of a big hole. By mid-December, the Dow was actually up 5% during 2020, and it has recently set new all-time highs.
Because the Dow is so popular, there are several investment strategies that use its 30 component stocks as a starting point. The most famous is the Dogs of the Dow approach, which has a solid track record of actually beating the Dow from year to year over the long run. Even though 2020 has been all bark and no bite for the Dogs of the Dow, there's reason to believe that 2021 will be more promising for canine-loving investors.
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Source Fool.com
