What Apple Being Added to the Dow 30 Means For Mutual Fund Investors (AAPL)

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Apple logo in blue

News

What Apple Being Added to the Dow 30 Means For Mutual Fund Investors (AAPL)

Shauna O'Brien Mar 06, 2015



Inside the News


This is the first change to the Dow since September 2013, and the first change involving just one company since 2012.


How Will Apple Shares React?


Looking back to the last time the Dow 30 made changes in September 2013, Goldman Sachs (GS) shares rose 35% , Nike (NKE) shares rose over 60% and Visa (V) shares rose 30% in the six months after being added to the index. That compares to the S&P 500 increasing around 6% during the same period.

From the last example, it is reasonable for investors to be optimistic about the near-term future of Apple, but it will ultimately be up to Apple to continue beating expectations and launching exciting products in order to sustain positive momentum over the long-haul.


Mutual Funds to Watch



The Bottom Line


If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.

Popular Articles

Download Our Free Report

Why 30 trillion is invested in mutual funds book