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.