Dow 30 Changes Are A Coming (C, GM)

With two Dow 30 components trading at or near $1 per share, Citi (NYSE: C) and GM (NYSE: GM), and others in free-fall, many are speculating that a reshuffling of the average will be announced shortly.

Citi and GM will most likely be removed anytime and others on the bubble are said to be Bank of America (NYSE: BAC) and Alcoa (NYSE: AA).

The attention is now turning to who will be added to replace the beleaguered Dow stocks. Maybe the most obvious potential additions are credit card processors Visa, Inc. (NYSE: V) or Mastercard Incorporated (NYSE: MA). Visa has a larger market-cap, which may make it a better fit.

Other potential additions could be trust banks like Bank of New York Mellon (NYSE: BK) or Northern Trust Corporation (Nasdaq: NTRS), but, like the money centers banks, they have also been plagued with problems in the current downturn. Both received TARP funds, and their future is anything but certain. Northern Trust recently announced plans to give back their TARP funds.

Goldman Sachs (NYSE: GS) has also been mentioned as a possible addition.

Although tech is already heavily represented, I think Apple (Nasdaq: AAPL) would be a great addition. Apple is the innovated leader and should be included, although it probably won't. In the same vain, Google (Nasdaq: GOOG) would be a great addition.

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