By Zvi Bar:
There has recently been some speculation that Apple (AAPL) is being primed for entry into the Dow Jones Industrial Average ("DJIA"), and the potential for such a move appears reasonable. Additionally, while it is true that the upcoming split of Kraft (KFT), a DJIA component, could allow for Apple to be added, I believe it is just as likely that another tech company would be dropped, and that the most appropriate company to drop would be Hewlett-Packard (HPQ)
Apple is presently valued at about $570 billion, and has a 4.
Analysts at Bespoke today point out that rumors are circulating that Apple (AAPL) will be added to the Dow Jones Industrial Average (DIA). “With a relatively firm hold on the title of largest company in the world, such a move would ... Read Post
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