FYI: Last March 19th, Apple (AAPL) replaced AT&T (T) in the Dow Jones Industrial Average. Since we’re coming up on a year since that index member change, we wanted to see how the two stocks have performed. As shown below, Apple is down 24% while AT&T is up 11%. There was a time when being added to the Dow meant something, but these days it’s certainly not all it’s cracked up to be.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/the-curse-of-the-dow/
