Markets

The Inevitable Rise of the Magnificent Seven in the Dow by 2030

Published March 18, 2024

As we project the financial landscape into the next decade, the potent combination of stock splits and aggressive growth trajectories may propel a visionary cohort, known as the 'Magnificent Seven,' into the esteemed Dow Jones Industrial Average. This elite group comprises some of the most influential and innovative companies of our time, whose stock tickers resonate with investors worldwide. These companies are GOOG, META, NVDA, TSLA, VZ, IBM, and INTC, each beholding its place as a titan of industry and a potential shaper of the Dow's future composition.

Alphabet Inc. GOOG and Its Pioneering Path

Alphabet Inc., born from a restructuring of Google, stands as a monumental presence in the technology sector. Headquartered in Mountain View, California, Alphabet has evolved to become not only the parent of Google but also a conglomerate overseeing a diverse array of subsidiaries. Founded by the original visionaries of Google, who continue to steer the company, Alphabet's financial prowess and innovative edge render it a prime candidate for the Dow, pending a palatable stock split.

Meta Platforms, Inc. META - A Connector of Worlds

Headquartered in Menlo Park, California, Meta Platforms, Inc. is at the forefront of social connection and technological evolution. Through a spectrum of devices and platforms, Meta enriches the global community with powerful tools for interaction, paving the way for consistent growth. With a strategic adjustment via stock split, it could align itself with the Dow index criteria.

Powering Visual Experiences Through Nvidia Corporation NVDA

With roots in both the gaming and professional realms, Ninvidia Corporation strides forward from its Santa Clara base, delivering cutting-edge GPUs and SoCs. Its dominance in the visual computing sector is undeniable, making it a standout contender for Dow inclusion post-stock split.

The Electric Ambition of Tesla, Inc. TSLA

Tesla, Inc. has revolutionized the automotive and energy industries with its suite of electric vehicles and renewable energy solutions. Boasting the leading edge in EV sales and energy storage technology, Tesla's presence in Palo Alto, California, underlines its influence and potential for a future spot on the Dow roster.

Telecommunications Giant Verizon Communications Inc. VZ

As a fixture in the telecommunications sphere, Verizon Communications Inc. yields a broad influence that extends from the heart of New York City. Its involvement in the Dow Jones Industrial Average serves as a testament to its unwavering stability and vital role in connectivity.

The Enduring Legacy of International Business Machines Corporation IBM

International Business Machines Corporation, known to many as IBM, has built an everlasting legacy since its inception in 1911. Now a global giant with a focus on technology and research, IBM continues to innovate from its headquarters in Armonk, New York. Its extensive history of patents and inventions solidifies its position within the Dow, showcasing the longevity and adaptability required for such an institution.

Intel Corporation INTC - At the Heart of Computing Evolution

Intel Corporation's footprint in the Silicon Valley landscape is monumental, with its semiconductor chips powering countless personal computers worldwide. As a leader in chip manufacturing and innovation, Intel mirrors the robust growth and dynamic potential reminiscent of a Dow-worthy enterprise.

stocks, growth, splits