Alphabet Is Joining the Dow Jones Industrial Average. 3 Surprising Reasons Why S

On June 23, S&P Dow Jones Indices announced that Alphabet would be replacing Verizon Communications in the Dow Jones Industrial Average.

Since 2020, seven of the Dow's 30 components have changed, including the additions of Honeywell International, Salesforce, Amgen, Amazon, Nvidia, Sherwin-Williams, and now Alphabet, and the deletions of RTX, ExxonMobil, Pfizer, Walgreens Boots Alliance, Intel, Dow, and Verizon.

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Space Exploration Technologies (NASDAQ: SPCX) -- otherwise known as SpaceX -- has only been public for a couple of weeks. But the company has a strong case for joining the Dow one day. Here are three reasons SpaceX could eventually join the Dow, and whether the growth stock is a buy now.

With just 30 components, each Dow stock represents certain industries and a stock market sector. The strongest case for SpaceX joining the Dow is that it is the undisputed leader in the commercial space launch industry

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/alphabet-joining-dow-jones-industrial-142000312.html)