The next S&P 500 shake-up could usher in Coinbase, Block, or these other stocks
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The S&P 500 index committee is considering changes to the index, with potential new entrants including Coinbase, Block, Robinhood, and Vertiv. The selection process is described as 'more art than science.'
December 06, 2024 | 12:15 pm
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POSITIVE IMPACT
Coinbase is being considered for inclusion in the S&P 500, which could boost its stock price due to increased visibility and potential investment from index funds.
Inclusion in the S&P 500 often leads to increased demand for a stock as index funds adjust their holdings to include the new entrant, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Robinhood is being considered for the S&P 500, which could lead to a positive impact on its stock price due to increased visibility and demand from index funds.
Inclusion in the S&P 500 typically results in increased stock demand as index funds adjust their portfolios, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Block is a potential candidate for the S&P 500, which could positively impact its stock price due to increased demand from index funds.
Being added to the S&P 500 can increase a company's stock price as index funds buy shares to match the index, increasing demand.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vertiv is a candidate for inclusion in the S&P 500, which could positively affect its stock price due to increased demand from index funds.
Being added to the S&P 500 can lead to increased stock demand as index funds buy shares to match the index, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80