Intel may be replaced by Nvidia or Broadcom in the Dow, impacting portfolios

From NASDAQ.: 2024-09-07 05:36:00

The Dow Jones Industrial Average has been a key indicator of the stock market’s health for over 128 years, but it may soon bid farewell to struggling Intel and welcome a new member, possibly Nvidia. Nvidia’s AI dominance may be a concern for the Dow, which traditionally favors stable, time-tested companies over growth stocks like Nvidia, which may be overinflated due to the AI trend. However, if Intel gets kicked out, Broadcom could be a more diverse and stable replacement due to its robust sales channels, diverse product offerings, and recent expansions through acquisitions. Investors should consider the potential impact of these changes on their portfolios before making any decisions.



Read more at NASDAQ.: Intel Is Probably Getting Kicked Out of the Dow, but Nvidia May Not Be Its Logical Replacement