For many years, the Dow Jones industrial average ruled the investing world, before the advent of electronic and computer-driven trading. While the companies in the venerable index have changed many times since 1912, it is still considered one of the elite indexes in the world of investing.
The Dow has been overshadowed this year by the spectacular rise in the Nasdaq, which is up 27% as of the close Monday due to the artificial intelligence explosion and the rise of the Magnificent 7. The Dow has risen a paltry 1.1% in that time.
One reason for the severe underperformance is that many of the top companies among the 30 members of the Dow have had dreadful years for a variety of reasons. We decided to screen these casualties while looking for value. In addition, we looked for companies that have paid dividends for years and will likely continue to do so.
Five industry leaders made the cut.
This post originally appeared on 24/7 Wall St.