Why Nvidia price could go even higher
being added to the Dow Jones Industrial Average (DJIA) . Some analysts are speculating that Nvidia could replace $Intel (INTC.US)$ in the Dow
Being added to the Dow 30 would also lead to more buying of Nvidia stock as mutual funds and exchange traded funds (ETFs) that track the Dow’s performance would be required to purchase NVDA stock. Plus, stocks tend to perform strongly after they split
Data from Bank of America $Broadcom (AVGO.US)$ has found that average returns for companies are about 25% in the 12 months after a stock split occurs versus 12% gains for the benchmark S&P 500 index.
The Dow Jones is a price-weighted index, which means that the degree to which each stock impacts the index is based on its share price. That's an important difference from the S&P 500 and the Nasdaq indexes, which are weighted based on market cap.
If Nvidia were to be added to the Dow at its pre-split share price, it would have by far the highest weight and distort the index, which is based on 30 blue chip stocks from diverse industries and meant to reflect the broad market.
However, the stock should have a share price of around $110 to $120 after the split, which puts it near the median price of current Dow companies.
There aren't strict criteria for stocks to be admitted or kicked out of the Dow Jones, but according to S&P Global, which manages the index, a Dow stock should be a blue chip company; have an excellent reputation, sustained growth, and wide investor interest, and contribute to sector balance.
At this point, it's fair to question Intel's ability to deliver sustained growth because it has long been a laggard in the semiconductor industry Over the last decade, the stock has gained just 11%, trailing the Dow Jones by a wide margin, and Intel hasn't posted a quarter with double-digit revenue growth in nearly four years even as peers like Nvidia report much faster growth.
The last stock to be removed from the Dow Jones was Walgreens Boots Alliance, which came after several quarters of underperformance and weak results, similar to what Intel has been experiencing.
If Intel were to be dropped from the Dow, Nvidia would be a logical replacement -- both stocks represent the semiconductor industry. Nvidia is also now much larger than Intel, with a market cap of $2.8 trillion, compared to Intel's $129 billion.
Shall see in Septemeber
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Edgardo Roman : could go. Will go even higher
Space Dust : dotcom bubble... this whole thing is reaching a point at which times are rhyming
,. does anyone else not have an apprehensive gut feeling about all this ? the entire 
herd seems to think it can keep going up, how wrong am I gonna be in by October? am I dodging dotcom 2.0 way too early?
protraderx : Whatever retail investors think, market makers will do the opposite. They will engineered a good washing before any significant changes occur. This market manipulation never change. It happened before before split, pushed up then fierce down, and it had occurred on split day 2 days ago. The washing is not over yet. Let it bounce false moves. Only time will tell.