Over the last month, investors have faced a lot of volatility in the market, and while the major indices have already begun to rebound, they are all still down from their recent highs.
September 19 was about the time when the market really started to fade. Since that time, the NASDAQ has lost 2.4% and the Dow Jones is down 2.7%. As bad as that is, the situation was looking much worse just a week ago, so the fact that the markets has down less than 3% of the last month is actually a relief to most investors, and even more encouraging is that the markets are still trending higher.
There are several reasons why the markets have been weak. Concerns over Europe falling into another full-blown recession, fear of what impact slowing growth in China will have on global economies, and the spread of Ebola have all contributed to a weak stock market.
Through the course of 2014 we have periodically been checking in with this year's “Dogs of the Dow”, which through the end of the third quarter was outperforming the Dow nicely. With the increased volatility in the market over the last five or six weeks, we decided to check in with our group of 10 stocks and see how they have been faring.
As it turns out, five of the stocks have outperformed the Dow Jones since September 18, and five have not. Let's take a look at the five stocks that have outperformed and emerged as the winners during the market's recent sell off. While each of the five are down since September 18, none have fallen as much as the overall market, which can be viewed as a win considering the level of volatility during that time frame.