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Jim Cramer: What Investors Can Learn From Dick's Sporting Goods' Predicament

Jim Cramer

Now before I get to Dick's let me just say a word about Boeing, a stock that, once again, got rocked after a host of international airlines grounded the 737 MAX line that was involved in two separate, but seemingly similar crashes. Boeing's stock distorts the entire Dow index which is too heavily weighted toward the aircraft maker's stock. Days like Monday, where the Dow opened down 242 points or Tuesday where Boeing's second day of decline, took a big chunk off of the Dow, remind us of how distorted the old index is and both the S&P 500 and the Nasdaq spent another day in the black, the latter solidly so.