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.
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