It’s Only Money
June 7, 2018
Take Me Out to the Ball Game
July 10, 2018
It’s Only Money
June 7, 2018
Take Me Out to the Ball Game
July 10, 2018

Take My GE Out of the Dow, Please

In the year following a company being removed from the Dow, the stock performance is surprisingly positive.  Exiled from the Dow, Goldman Sachs instructs us that Aloca (AA) was up 96% in the year following, AT&T (T) was up 15%, Bank of America (BA) rose 17%, and Hewlett Packard (HPQ) rallied 73%.  Those are pretty impressive numbers to consider as GE, the last of the original Dow 30 members, is booted to the curb after more than 100 years.