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The problem with FAANG stocks is that they are relatively too high priced and would tilt the DJIA weight. If you add Google or Amazon to that it devalue the hea
by jermaustin1 8y ago
The problem with FAANG stocks is that they are relatively too high priced and would tilt the DJIA weight. If you add Google or Amazon to that it devalue the health of the lower priced companies.
- njarboe 8y agoThe Dow does do funny weighting. Looking over the Dow Jones list again, I realize it does have AAPL in it.