Key Points
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The Dow Jones Industrial Average has changed six of its 30 components over the last five years.
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Alphabet and Broadcom are considered most likely candidates for future inclusion in the index, while Meta Platforms and Netflix may need stock splits to qualify.
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As of now, the median stock price in the Dow is approximately $227, with the highest component, Goldman Sachs, at around $739 per share.
Over the past five years, the Dow Jones Industrial Average has seen significant changes, including the replacement of companies like Salesforce for ExxonMobil and Nvidia for Intel. The index is currently dominated by technology, which comprises a larger portion compared to traditional industrial sectors.
Currently, companies like Alphabet and Broadcom may have favorable odds for inclusion due to their stock prices being within the acceptable range for the Dow. In contrast, Meta Platforms would need to split shares 3-for-1, and Netflix would need a minimum 5-for-1 split to be considered.
