Dow Jones considers removing Intel due to poor performance; potential replacement unclear.
The Dow Jones Industrial Average may remove Intel due to its poor performance and declining share price, which has dropped 60% in 2024. While Nvidia is a leader in the semiconductor industry, it may not be a suitable replacement due to the Dow's focus on established companies. Despite Intel's challenges, including competition and slow adaptation to AI, an ETF launched by Rob Arnott suggests that historically, stocks removed from indices tend to outperform their replacements.
September 07, 2024
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