Why Chevron's a Big Mover in the Dow
The following video is part of our "Motley Fool Conversations" series, in which Fool contributor and personal finance analyst Dan Caplinger discusses topics around the investing world.
In today's edition, Dan looks at Chevron (NYS: CVX) in the latest installment of a Motley Fool series in which we look at how each Dow Jones (INDEX: ^DJI) stock affects the world-renowned blue chip average. There are some idiosyncrasies in how the Dow Jones is calculated, and Dan explains how Chevron ends up having a bigger impact on the average than its fellow energy rival in the Dow. He also looks at why the Dow only has two energy stocks and considers some of the other energy powerhouses that might get an invitation to the Dow at some point.
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At the time this article was published Fool contributorDan Caplingerdoesn't own shares of the companies mentioned. You can follow him on Twitter@DanCaplinger. The Motley Fool owns shares of Chesapeake Energy.Motley Fool newsletter serviceshave recommended buying shares of Chevron and Chesapeake Energy. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Fool has adisclosure policy.