3 Dow Stocks That Might Be Booted From the Iconic Index
Last month, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) celebrated its 125th anniversary. Originally made up of a dozen components, the Dow Jones was expanded to 30 companies in 1928, which is the figure it's remained at for nearly 93 years.
Since its debut in May 1896, we've witnessed 57 changes to the index. Some have been minor, such as company name changes or spinoffs, while others have involved dropping brand-name companies from the index. Just last year, ExxonMobil, Pfizer, and Raytheon were given their walking papers, with Amgen, salesforce.com, and Honeywell International replacing them.
The truth of the matter is, these brand-name businesses won't be the last to be given the boot from the Dow. I'd consider the following three Dow components in realistic danger of being given the heave-ho at some point in the not-so-distant future.
Source Fool.com
