Tech bellwethers Cisco and Google are being touted as top candidates to join the Dow Jones Industrial Average. Citigroup and General Motors, which are trading below $2, are in danger of being kicked off the Dow. The DJIA represents 30 of the most widely held U.S. stocks.
GigaOm blogger Kevin Kelleher notes that Google is a good possibility as it's held relatively steady in the past six months, dropping 30.5% compared to a 44.7% drop in the S&P 500.
Prediction: Google and/or Cisco are named to the Dow Jones Industrial Average by Oct. 1, 2009.
Image: Digiart2001/Flickr
| Betting Closes: | Sep 30 2009 | Current Consensus: | 95.48% | Total Bets: | 17 |
| Today's Change: | 22.37% | ||||
| Life Time High: | 95.48% | ||||
| Life Time Low: | 48.75% |
Comments
Cisco has been named to the Dow. Story here:
http://www.ft.com/cms/s/0/e7b6fbc8-4ec3-11de-8c10-00144feabdc0.html
Ian Lamont
Managing Editor
The Industry Standard
twitter.com/ilamont
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