The Fox 50
Fox Business has put together an industrial index made up of "the largest U.S. companies that make the products you know and use every day." This index includes:
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Anheuser-Busch and Merrill Lynch were included in the original index, but each was acquired by other companies in 2008. They were replaced by Wells Fargo and HP. This index is not available to purchase in the form of an Index Fund or ETF. The fund received criticism from some financial bloggers for putting together an index with so many competing brands, i.e., FedEx-UPS, McDonalds-Yum! Brands, WalMart-Target-Costco, Apple-Dell-Microsoft, Coca-Cola-PepsiCo, and so on.
Read more about this topic: Fox Business Network
Famous quotes containing the word fox:
“How much the greatest event it is that ever happened in the world! and how much the best!”
—Charles James Fox (1749–1806)