NASDAQ-100 Index Removals To Buy
Historical analysis from Schaeffer's suggests that the annual adjustments in the NASDAQ-100
index typically provide buying opportunities for the stocks that are
removed. As an example, the stocks kicked out last year averaged 57%
returns for the year compared to only 34% for those added to the index
last December. See the table below. The index makes a yearly adjustment
at the end of December to rerank the top 100 non-financial stocks that are listed on the NASDAQ exchange.
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Read the full article at Seeking Alpha
Disclosure: Long SHLD. Please review the disclaimer page for more details.
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