Verizon's Days as a Dow Jones Industrial Average Component May Be Numbered: Here Are 3 Logical Candidates to Replace It
Verizon has the lowest share price among the Dow's 30 components -- and that's a dangerous place to be in a share price-weighted index. In May, the iconic Dow Jones Industrial Average (^DJI -0.37%) celebrated its 129th "birthday" since its official inception. Over this time, we've witnessed the Dow blossom from an industrial stock-dominated 12- component index to one that now houses 30 diverse, time-tested, multinational businesses. Although the Dow Jones is still viewed as a barometer of Wall Street's heal ...