Apple (AAPL) and Google (GOOG) could join the Dow in order to keep the index "relevant for a...


Apple (AAPL) and Google (GOOG) could join the Dow in order to keep the index "relevant for a 21st century market," Barron's speculates over the weekend. AA, BAC, and HPQ are seen as possible casualties of such a move. But the paper admits Apple and Google's high share prices would make adding them to the absolute price-weighted index difficult, unless it chooses a new formula.

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Comments (7)
  • bbro
    , contributor
    Comments (11216) | Send Message
     
    I love how the Dow is always Johnny come lately....
    30 Apr 2012, 09:06 AM Reply Like
  • jpildis
    , contributor
    Comments (5) | Send Message
     
    The Dow is a relic and a poor measure of the market. Whenever I hear someone comment about how "the Dow's gonna hit 14,000", I immediately stop listening. The absolute value of the Dow is as interesting as the ratio of Leprechauns to Fairies.
    30 Apr 2012, 09:11 AM Reply Like
  • Wall Street Smart
    , contributor
    Comments (472) | Send Message
     
    The dumbest thing would be to get BAC out. The largest US bank by assets not in Dow would be laughable.
    30 Apr 2012, 10:06 AM Reply Like
  • Chris Kent
    , contributor
    Comments (276) | Send Message
     
    Second largest. Largest of undisclosed asset losses. BAC should not be in the DOW, not that it really matters either way. A company holding on by a string shouldn't be there.
    2 May 2012, 09:25 PM Reply Like
  • glssmrbl
    , contributor
    Comments (1278) | Send Message
     
    BAC's assets are a bunch of debt now. We should update the DOW.
    22 May 2012, 01:28 PM Reply Like
  • Gutone
    , contributor
    Comments (438) | Send Message
     
    Exactly what I thought a month ago: Why HP Should Be Thrown Out Of The Dow

     

    http://seekingalpha.co...

     

    I don't think Apple a good fit for Dow though.
    30 Apr 2012, 04:39 PM Reply Like
  • glssmrbl
    , contributor
    Comments (1278) | Send Message
     
    AA, HPQ, JPM, PG, UTX and CSCO should all be replaced... AAPL, GOOG, WFC, CL, ABT and CMCSA. Industrial sector should be reduced b/c it doesn't reflect where consumers are putting their discretionary income.
    23 May 2012, 09:51 AM Reply Like
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