With Nvidia Replacing Intel in the Dow Jones, Is It Time to Redefine What It Means to Be a Blue Chip Stock?
The Dow Jones Industrial Average ( ^DJI 0.59%) is making its second major change in 2024. Earlier this year, Amazon ( AMZN -0.89%) replaced Walgreens Boots Alliance. Now, Nvidia ( NVDA -0.84%) is swapping with Intel, and Sherwin-Williams is replacing chemical giant Dow.
NVIDIA's entry into the Dow, the release of new Blackwell chips, and its solid GPU market position make it an enticing buy.
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