http://www.marketwatch.com/story/atts-stock-could-beat-apples-now-that-its-out-of-the-dow-2015-03-06
These were my thoughts when I posted yesterday. Glad to see some of the same thoughts backed up by actual numbers.
Although past performances cannot predict future results(past Dow removals), I do not feel that just because T was removed from the Dow means that the company has anything inherently wrong with it. If the gov’t allows T to do business and make money, everything will be fine.
Keep cranking,
Robert the DividendDreamer
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Interesting; didn’t hear that T was kicked out of the DJIA. I am curious to see how T will perform now. I suspect you’ll see a small pop, but like you said, nothing’s really changed with T’s fundamentals. Doubt the pop will last forever. We’ll see how it plays out.
Thanks for stopping by. T being booted might be for the good or the bad. Time will tell. If the government will allow T to do business, I am sure that the shareholders will see benefits down the road. We will see how it plays out.
Keep cranking,
Robert the DividendDreamer