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Thread: Dow replacing Exxon Mobil with Salesforce

  1. #1

    Default Dow replacing Exxon Mobil with Salesforce

    Exxon Mobil replaced by a software stock after 92 years in the Dow is a 'sign of the times'

    KEY POINTS

    Exxon Mobil’s been in the Dow in some form since 1928, but its tenure as the longest-serving component is coming to an end.

    On Monday S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years.

    Exxon will be replaced by Salesforce. Amgen and Honeywell International are replacing Pfizer and Raytheon Technologies.
    https://www.cnbc.com/2020/08/25/exxo...the-times.html


    More replacements: https://www.marketwatch.com/story/sa...?mod=home-page
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


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  3. #2

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    Default Re: Dow replacing Exxon Mobil with Salesforce

    How is GE still in the Dow? One of the most poorly run companies in the past 20 years. Stock price shows it too.

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  5. #3

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    Default Re: Dow replacing Exxon Mobil with Salesforce

    What am I talking about? GE has been out for a while now. HON should have replaced GE, but I think WBA replaced GE at the time. Raytheon, booted after four months thanks to their bungled merger with UTX.

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