In 2014, some stock pickers on the TSX didn’t do as well as they expected, reports Canadian Business.

In fact, many investors who focused on Canadian, blue-chip companies that had the highest dividend yields at the beginning of the year saw their returns drop by the end of 2014.

Read: Will there be more global volatility?

But, one of the main reasons their approach failed was many of these companies were in the energy sector, says Canadian Business. So investment prospects may be better this year, “depend[ing] on your position on energy prices, and whether you think they have bottomed out.”

Read more on the top 10 highest-yielding stocks for 2015.

Also check out:

When value beats growth

A wild ride, but equities to outperform bonds

Two reasons to add exposure to banks