Don't Dump Dow Jones Industrial Average Stocks Just Because the Index Did

Most of the mainstream financial media is frothing over what Apple Inc. (Nasdaq: AAPL) will do for the Dow. Apple will join 29 other Dow Jones Industrial Average stocks after the close of trading March 18. When it replaces AT&T Inc. (NYSE: T). But a look at how Dow stocks do after changes to the index says AT&T stock is headed up. You see, when you compare the performance of previous Dow Jones rejects with the stocks that replaced them, on average the rejects come out ahead. The post Don't Dump Dow Jones Industrial Average Stocks Just Because the Index Did appeared first on Money Morning - We Make Investing Profitable .
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