Listen "This Is Not Dotcom Bust 2.0 | Do Stock Splits Still Matter?"
Episode Synopsis
This week Derek Moore discusses why Tesla's 3-1 stock split and Amazons 20-1 stock split don't really matter except potentially making them eligible to join the Dow Jones Index. Plus, some have made comparisons of the selloff in tech to the 2000 Dotcom crash. As Derek explains, they are different and not similar given the numbers then and now. Finally, Derek gives some surprising data points about who the number one weighted stock was in March of 2000 in the Nasdaq 100 Index. You'll never guess it! Who was the highest weighted company in March 2000 in the Nasdaq 100 Index (QQQ)? Comparing companies in the Dotcom crash era to today's highest weighed tech companies Why this is not a Dotcom 2.0 situation Comparing the forward earnings multiple then and now Is Tesla going into the Dow Jones Index? Will Amazon join the Dow Jones Index? What companies remain in the top 10 QQQ today vs. 2000? Sirius Satellite cumulative 10-year earnings 1990-2000 Why stock splits don't matter explained Why stock splits do matter given companies were probably already moving higher How the S&P 500 Index and Nasdaq 100 Index weight companies compared to the Dow Jones Index Mentioned in this Episode: Contact Derek Moore [email protected] ZEGA Financial www.zegafinancial.com Derek Moore's Book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547?ref_=nav_signin& Tesla announces 3-1 stock split https://finance.yahoo.com/news/tesla-stock-split-june-2022-212130185.html What does Amazon's 20-1 stock split mean for investors https://www.morningstar.com/articles/1097120/what-does-amazons-stock-split-mean-for-investors
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.