New Member of the DOW?
Friday, May 29, 2009
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The exclusive Dow 30 club could soon get a new member. Once GM files for bankruptcy, it will be removed from the Dow Jones Industrial Average. What firm will replace it? NBR's Erika Miller finds which firms seem to be in the running and how the decision will be made.
Discuss this story on XChange - The NBR Blog.
Possible Replacements
Nicholas Colas of BNY ConvergEx Group tells Erika Miller that he believes the following seven stocks could be in the running to replace GM in the Dow 30.
The Magnificent Seven Stocks for Dow 30 Consideration Source: Nicholas Colas, BNY ConvergEx Group |
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| Cisco Systems (CSCO) | ||
| Apple (AAPL) | ||
| Google (GOOG) | ||
| Oracle (ORCL) | ||
| Monsanto (MON) | ||
| Wells Fargo (WFC) | ||
| Goldman Sachs (GS) | ||
Related NBR Stories & Links
- 04-13-09: The Goldman Sachs Surprise
- 04-09-09: One on One with Howard Atkins, CFO, Wells Fargo
- 03-05-09: One on One with Cisco CEO John Chambers
- 01-28-09: Google CEO Eric Schmidt Discusses President Obama's Business Sit Down
- 01-14-09: Apple CEO Steve Jobs Steps Down...Temporarily
External Links/Articles*
- Dow Jones
This links to information Dow Jones offers about the Dow Jones Industrial Average, including components, milestones, and more. - Stanford University (PDF Document)
This links to a February 2000 paper authored by John Shoven and Clemens Sialm of Stanford University. The paper is titled, "The Dow Jones Industrial Average: The Impact of Fixing its Flaws."
*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.
