NVDA will officially split its stock on June 7. After the split, NVDA will have met the conditions for entering the Dow, and at about $100, entering the Dow will not have a great impact on the allocation of index weights. It was only a matter of time before NVDA entered the Dow, which represents the US economy, and chips are a key part of US fintech hegemony and an important driver of global economic growth. NVDA is the key to the key. The current chip stock in the Dow is INTC, which is quite a loser and is only a matter of time before it is replaced. The last giant to enter the Dow was AMZN, which rebounded by nearly 30% after becoming a heavy stock in the Dow. There are only 30 companies in the Dow, but it is not small. Once NVDA enters, it will get a lot of passive allocation funds, which will eventually drive NVDA to a wave of gains.
Why are you writing fake news as your first post?!?! Are you having some mental limitations? This is not the place for you to throw garbage and nonsense. To hell with you !!! I thought the administrator would vet the first post of all new members. Your title : NVDA is included in the Dow Jones Index
%% WEATHER forcasts are about 80% accurate\20% false LOL take an umbrella anyway .........................Thanks for forcast, we will see
Might this be where they got the idea? https://finance.yahoo.com/news/nvidia-shoo-dow-post-stock-145237106.html NVIDIA is a shoo-in for the Dow post stock split Investing.com Fri, May 31, 2024, 10:52 AM EDT3 min read .......... And I especially note this section:- "NVIDIA is the third-largest company in the world, with a market value of $2.7 trillion—behind only Microsoft (NASDAQ:MSFT), which has a market value of just over $3 trillion, and Apple (NASDAQ:AAPL), which has a market value of $2.9 trillion. Apple and Microsoft are both in the Dow. .......... NVIDIA now dwarfs the once-mighty Intel, which has a market cap of only $128 billion. Intel is the lowest-priced stock in the Dow, and its market cap is near the bottom of the list. NVIDIA is expected to post revenue of $111.38 billion this year versus $52 billion for Intel. NVIDIA’s growth is also astonishing versus Intel’s lack of growth. NVIDIA’s revenue is expected to grow by 83% this year, while Intel’s is expected to fall by 5%."
I know you said imagine but its current price per share negates it's inclusion. And Uncle Warren doesn't believe in stocks splits.
DJIA is an outdated, somewhat irrelevant index today. The "share price" weighting is a holdover from the days when things were manually calculated by pencil and paper. Other than low level mainstream "news", the world has moved on.