For Immediate Release
Forget the Dow — ‘Real America Index’ is a Better Benchmark
InvestorPlace launches a new index comprised of 50 stocks for 50 states to measure American stocks and the U.S. business climate.
Rockville, MD — (April 7, 2011) — The Dow Jones Industrial Average turned 115 years old this year, and it’s about time Americans found a better index to measure the U.S. economy. Though our current 30 Dow components are headquartered in the U.S., many derive a majority of sales from international operations — and some employ more folks overseas than they do in America.
InvestorPlace.com, a financial website with over a million monthly visitors, has launched an innovative new feature called the “Real America Index” to better represent theU.S. economy. Here’s how this uniquely American index is calculated:
- There is one company from each of the 50 states and theDistrict of Columbia.
- Each company has local impact such as sizeable statewide employment and hometown philanthropy efforts.
- The 50 component stocks of the Real America Index collectively tell the tale of the broaderU.S. economy.
- Selections represent the uniquely American spirit of entrepreneurship and innovation.
The feature also has an interactive map showing the performance of component stocks, as well as in-depth write ups for each selection. There is also a commenting forum to allow readers to share their thoughts on the Real America Index stocks.
Some of the featured Real America Index companies and their respective states include:
- Nike (NYSE: NKE) for Oregon: Two avid runners from the University of Oregon created lightweight rubber insoles using a waffle iron and sold shoes out of the trunk of a car. Now Nike is an international sports powerhouse.
- Ford (NYSE: F) for Michigan: The only one domestic automaker to avoid Bankruptcy, the company continues the legacy of founder Henry Ford by rethinking its operations and product line today.
Explore the feature at http://investorplace.com/real-america-index/.
InvestorPlace.com is a leading financial news and investing site, providing millions of individual investors with access to free stock picks, mutual fund research, market news and sharp, actionable commentary. InvestorPlace is dedicated to helping regular folks beat the market and retire in style — whether they have $1,000 or $1 million.
InvestorPlace Media is privately owned by Avista Capital Partners, with offices are inRockville,MD, just outsideWashington, D.C.