Yahoo Finance Live breaks down the news surrounding several trending stocks, including Keurig Dr. Pepper's addition to the S&P 500, replacing Under Armour in the index.
S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
Before simply plowing into even the best of these beaten-down names from the S&P 500 index just because they're beaten down, take a moment, take a step back, and take a breath. The S&P 500 essentially ended May where it started it, finally stopping -- at least for the time being -- what's turned into a sizable sell-off for the year. Under Armour (NYSE: UAA) (NYSE: UA), Target (NYSE: TGT), and DexCom (NASDAQ: DXCM), which fell nearly 32%, 29%, and 27% (respectively) in May.