Shiv Kapoor

5 Dividend Stocks That Haven't Enjoyed the Run-Up

PG, SYY and WMT are defensive plays. It is likely that they will underperform at this time in the cycle. MCD is also fairly defensive, in fact assuming that unemployment will continue upwards for 9 months, we are at a stage where the market should start punishing MCD - once employment stabilizes, spending typically shifts to classier venues! And the market looks ahead some 6 months so the near term outlook for MCD is underperform.
ADP - here I agree. I expect this stock to strongly outperform; I am surprised it has not already started outperforming; perhaps another quarter is what it will take.
The stocks are a nice well yielding bunch; and buying them during a period of cyclical underperformance is no bad idea - personally I would wait a bit though!