PVH Joins the S&P 500

PVH (NYSE: PVH  ) is the S&P 500's' newest component. The company's stock replaces that of Big Lots (NYSE: BIG  ) on the bellwether index. Formerly, PVH was a component of the same organization's MidCap 400 index; its place will be taken by Big Lots.

PVH, a clothing manufacturer headquartered in New York, will also occupy a spot on the S&P 500's apparel, accessories, and luxury goods sub-industry index.

S&P did not specify when these changes would take place. In the past year, the company's stock has outperformed the index, advancing 55% against the S&P 500's 12%.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2244082, ~/Articles/ArticleHandler.aspx, 7/25/2014 8:46:27 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.