Thursday, November 27, 2008

Retail Out Of The S&P 500 Index

Yesterday, Standard & Poor's announced Liz Claiborne (LIZ) will be removed from the S&P 500 Index after the close of trading on December 1, 2008. Replacing Liz Claiborne is Dun & Bradstreet (DNB). Liz Claiborne drops down to the S&P Smallcap 600 Index.

Retail stocks have seen their market capitalization shrink due to an underperforming consumer. Is it possible other retail related stocks are at risk of being removed from the S&P 500 Index?

Following is a screen that details some consumer stocks in the S&P 500Index that have a market capitalization less than $5.0 billion.

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