After Tesla, These 3 Stocks Will Be S&P 500-Bound
Becoming a member of the S&P 500 (SNPINDEX: ^GSPC) index is a huge milestone for any growing company. Having S&P Dow Jones Indices, which manages the S&P 500, add your company to the index proves that you've truly arrived -- and it opens the door to the trillions of dollars that institutional and individual investors put into S&P 500-tracking index funds and ETFs.
Tesla (NASDAQ: TSLA) just found out that it will become the newest member of the S&P 500 in late December. The move ends months of speculation about when the electric vehicle pioneer would get added. The stock is soaring as a result.
Yet with the Tesla announcement behind us, investors want to know which companies might be next. Below, you'll find three strong candidates worthy of consideration in the near future.
Source Fool.com
