Looking Back at the DJIA in July 2008 – Throwback Thursday
In July 2008, I analyzed the Dow Jones Industrial Average (“DJIA”) to determine its overall valuation. Since then, it has risen to 16,424.85, a rise of 44%. But as I was looking through the archives to select a topic for this Throwback Thursday, I wondered how did the components that were rated well by the ModernGraham valuation model end up working out? Did they beat the DJIA? That’s what we’ll look at today.