Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS to replace GM on the DJIA?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="clueless" data-source="post: 541350" data-attributes="member: 15572"><p>For future reference--from the Dow Jones Averages site (emphasis mine):</p><p></p><p><em><strong>How are stocks picked for the DJIA?</strong></em></p><p><em></em></p><p><em>The editors of The Wall Street Journal select the components of the industrial average. They take a broad view of what industrial means, too; in essence, it is <strong>almost any company that isn't in the transportation business </strong>or isn't a utility (because there also are Dow Jones Averages for those kinds of stocks). In choosing a new company for the DJIA, they look among substantial industrial companies with a history of successful growth and wide interest among investors. The components of the DJIA are not changed often. It isn't a "hot stock" index, after all, and the Journal editors believe that stability of composition enhances the trust that many people have in the averages. The most frequent reason for changing a stock is that something is happening to one of the components, such as being acquired. Whenever one stock is changed, the rest are reviewed.</em></p><p></p><p>Here's the link--but you need to register to view:</p><p></p><p><a href="https://www.djaverages.com/?view=question&page=faq#a3" target="_blank">https://www.djaverages.com/?view=question&page=faq#a3</a></p></blockquote><p></p>
[QUOTE="clueless, post: 541350, member: 15572"] For future reference--from the Dow Jones Averages site (emphasis mine): [I][B]How are stocks picked for the DJIA?[/B] The editors of The Wall Street Journal select the components of the industrial average. They take a broad view of what industrial means, too; in essence, it is [B]almost any company that isn't in the transportation business [/B]or isn't a utility (because there also are Dow Jones Averages for those kinds of stocks). In choosing a new company for the DJIA, they look among substantial industrial companies with a history of successful growth and wide interest among investors. The components of the DJIA are not changed often. It isn't a "hot stock" index, after all, and the Journal editors believe that stability of composition enhances the trust that many people have in the averages. The most frequent reason for changing a stock is that something is happening to one of the components, such as being acquired. Whenever one stock is changed, the rest are reviewed.[/I] Here's the link--but you need to register to view: [url]https://www.djaverages.com/?view=question&page=faq#a3[/url] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
UPS to replace GM on the DJIA?
Top