SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (44850)10/10/2011 12:52:47 PM
From: Sergio H   of 78717
 
Four Years Since Dow's Record High: Six Stocks Higher
cnbc.com

Published: Monday, 10 Oct 2011 | 12:20 PM ET

By: Giovanny Moreano
Quantitative Analyst

Sunday, October 9, 2011, marked the fourth-year anniversary of all-time closing highs for the Dow and S&P 500.

The Dow closed at 14,164.53 on October 9, 2007, while the S&P 500 closed at 1565.15 the same day. Since then, both indexes are down 20 and 24 percent, respectively.

In fact, only six out of thirty Dow components have posted a gain in the past four years, with IBM and McDonald's leading the way, up more than 50 percent.

IBM [IBM 185.5829 3.1929 (+1.75%) ] , which has been the best performing stock, traded at a record high of $185.99 as of midday Monday.


On the contrary, Bank of America is the worst performer in the Dow, with a loss of 88 percent, followed by Alcoa and General Electric (GE is a minority shareholder of NBC Universal / CNBC).

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext