Starting next week Amazon.com will replace Walgreens on the Dow Jones Industrial Average (DJIA.) This 100+ year old index may seem out of date, but it does still have meaning. Being selected for inclusion means a company is relevant and growing, and being opted out is the opposite. We discuss in this podcast how changes in the DJIA and the Dow Transport Average (which just opted in Uber to replace Jet Blue) provide insight to how really big money investors look at the importance of relevancy and growth.
This podcast also overviews how important it is to use trends to make your company relevant, which can lead to growth. Big investors may not be looking at your company, but your growth will depend on identifying trends and using them to grow so customers, employees, communities and suppliers find you relevant. This week Nvidia’s value exploded into the trillion dollar group, adding $277B value in ONE DAY, by accomplishing 300% annual growth with its AI products. You too can find huge value by investing in AI like Nvidia and Microsoft.
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