In the course of his research, bestselling author and market expert Charles B. Carlson noticed a surprising trend in the 30 stocks that make up the Dow Jones Industrial Average -- the worst-performing stocks in one year turned out to be among the best-performing stocks the following year.
For example, the worst performer in the Dow in 1999 was Philip Morris, declining 57 percent during the year. In 2000, however,...Charles B. Carlson, cfa, is CEO of Horizon Publishing and Horizon Investment Services, a money management firm. He is the editor of DRIP Newsletter and a contributing editor to Dow Theory Forecasts. Carlson is the author of eight books, including the bestselling Buying Stocks Without a Broker. He earned his MBA from the University of Chicago.
The simplest approach to investments has been the mantra of market strategist Carlson. As editor of the newsletter DRIP [Directory of Dividend Reinvestment Plans] Investor and author of several books, he has long advocated holding stocks that pay dividends and then reinvesting these dividends back into stock. Here, he offers a new approach to stock investing. According to research on the performance of the stocks that compose...
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