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DJIA murmurings: Three companies that appear at risk of losing their inclusion in the Dow 30 are...

DJIA murmurings: Three companies that appear at risk of losing their inclusion in the Dow 30 are soon-to-be-split Kraft (KFT -0.9%), sluggish Alcoa (AA +0.3%), and down-in-the-doldrums H-P (HPQ -0.3%). On the flip side, though Apple (AAPL +1.1%) seems to be the logical candidate to make its debut on the index after its rocket ride to a $422B market cap - the firm needs to shed its ultra-high trading price via a stock split and/or special dividend before grabbing the honorific.
Comments (9)
  • mogando
    , contributor
    Comments (313) | Send Message
     
    instead of Apple splitting, it should be DJIA throwing away their ancient and stupid system of adding up stocks by stock price, regardless of outstanding shares or market cap

     

    how the LARGEST publicly-traded market cap company on Earth not be included in the "Blue Chip" index is beyond me
    30 Jan 2012, 01:21 PM Reply Like
  • Gary Jakacky
    , contributor
    Comments (2554) | Send Message
     
    By the way the ticker symbol for Kraft is KFT...though I do agree the company is "FKT" if they take it out of the DJIA.

     

    Mogando: despite all the ballyhoo about the Dow vs the supposedly scientific SP500, the correlation between the two is almost 99% over long periods of time. I am a SPY guy, however!
    30 Jan 2012, 01:26 PM Reply Like
  • labas112
    , contributor
    Comments (335) | Send Message
     
    Can't agree more. Very archaic.
    30 Jan 2012, 01:26 PM Reply Like
  • New Market 2012
    , contributor
    Comments (3) | Send Message
     
    AA is the ticker for Alcoa. A is Agilent Tech.
    30 Jan 2012, 01:26 PM Reply Like
  • bbro
    , contributor
    Comments (9843) | Send Message
     
    Top for Apple???
    30 Jan 2012, 02:56 PM Reply Like
  • bailinnumberguy
    , contributor
    Comments (1096) | Send Message
     
    That Apple isn't part of the DJIA is just another symptom of how irrelevant that index has become. Apple's the most valuable company and about the most heavily traded stock in existence. I look at the NASDAQ, the S&P, the VIX and APPLE, not necessarily in that order.
    30 Jan 2012, 03:39 PM Reply Like
  • mogando
    , contributor
    Comments (313) | Send Message
     
    Don't forget the 10-year yield ... usually the Treasury yield, VIX, and S&P are very well correlated. On the days they diverge significantly - beware the storm ahead.
    30 Jan 2012, 03:46 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    They better don't include Apple in DJIA because every tech stock entered in the past 30 years performed horribly afterwards.
    30 Jan 2012, 11:40 PM Reply Like
  • bobbobwhite
    , contributor
    Comments (1977) | Send Message
     
    You think Apple cares about being in the Dow?

     

    It cares not to be in it. That would be like putting gold in with lead.
    31 Jan 2012, 03:27 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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