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Verizon best Dow stock when market is in correction, analysis says

Published 10/26/2018, 05:53 PM
© Reuters.  Verizon best Dow stock when market is in correction, analysis says
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  • These five stocks perform the best among Dow members when the broader market is falling in a rapid correction, according to one analysis: Verizon (NYSE:VZ), Travelers (NYSE:TRV), Exxon Mobil (NYSE:XOM), Visa (NYSE:V) and Procter & Gamble (NYSE:PG).
  • None of the five stocks averaged gains, but all outperformed significantly, led by VZ.
  • CNBC used the Kensho analytics tool to find all the times when the Dow index dropped more than 10% in a three-month span over the last 30 years to determine which Dow stocks performed the best during those time periods.
  • Among common features of the five: All pay hefty dividends and enjoy steady revenues, making them appealing during market downturns.
  • Now read: Procter & Gamble Remains A Strong Hold


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