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History shows that we can see price increase in these stocks during the 4th quarter

DJIA best performers

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Five Dow stocks tend to gain an average 8 to 10 percent in the fourth quarter, outperforming the overall market's gains, history shows.

Kensho, a quantitative tool used by hedge funds, to find the consistent winners in the Dow Jones industrial average between September 30 and December 31 over the last 25 years.

The Dow outperformers are scattered across the health care, home improvement, technology, insurance and entertainment industries.

UnitedHealth and Home Depot are the top performers, up nearly 10 percent on average, the Kensho analysis showed. Cisco Systems comes in third with an average gain of 9.76 percent in the fourth quarter.Disney gains an average 8.7 percent, while Travelers rises an average 8.1 percent.

UnitedHealth, Home Depot and Disney were positive in the fourth-quarter during 80 percent or more of the last 25 years.

The Dow climbs an average 5 percent, the S&P 500 gains an average of nearly 4.4 percent and the Nasdaq composite climbs more than 5 percent on average from October to December, according to Kensho analysis of the last 25 years.

According to Wall Street Market Strategist Survey, the median S&P 500 year-end target forecast on Wall Street is 2,480, about 1.6 percent below the S&P's record close Friday.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev


 Varchev Traders

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