Nvidia, a top non-Dow company, could potentially replace Intel in the Dow index due to its growth.
Nvidia, the most valuable non-Dow company, has not replaced Intel due to Dow components typically being replaced when their industry leadership wanes or their industry's importance decreases. Intel, currently a Dow component, is the 2nd smallest in the price-weighted index. Despite Intel's stock performing well, Nvidia's growth stock status suggests it may be a suitable addition to the Dow in the near future.
March 17, 2024
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