In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from December 7, 2012 and have check their performance one year later. The top five companies on that list can be seen in the table below.
|Symbol||Name||2012 Price||2013 Price||% change|
|OMI||Owens & Minor||27.57||37.05||34.4%|
|DJI||Dow Jones Industrial||13,155.10||16,020.20||21.8%|
Our watch list did better than the Dow Jones Industrial Average but trailed the S&P 500 due to the underperformance of Consolidated Edison (NYSE:ED). Our readers should know that we are not fans of the utility sector during a rising interest rate cycle. Excluding Consolidated Edison, the average gain was +30%.