Apple Joins The Dow; Is It A Wedding Or A Funeral?

By | March 7, 2015

Scalper1 News

After years of speculation, Apple will join the Dow Jones industrial average. But that could be a bad sign for the iPhone titan. Apple (AAPL) will replace AT&T (T) after the market close March 18. But Dow’s selection committee has a history of picking technology companies at their peak or past their prime. “Joining Dow takes the shine off the Apple and makes it a rotten Apple,” wrote Global Equities Research analyst Trip Chowdhry in Scalper1 News

Scalper1 News