If you invested in stocks with only one letter in their stock symbol, you would be invested in 24 very diverse stocks.

@jinxy This fails to account for the previous one-letter companies, many of which did so badly as to be delisted at one point.

Astra AB (formerly A), Chrysler (formerly C), G (formerly GE ITS), H (formerly Realogy - it's complicated), I (formerly First Interstate Bancorp), J (Jackpot), L (formerly Liberty Media), M (formerly M-Corp), N (formerly Inco), P (formerly Philips), S (formerly Sears), U (US Airways), V (formerly Vivendi), W (formerly Westvaco), Z (previously Foot Locker/Woolworth).
 
@pilgrim73 The argument we are using is that if a company has a one letter ticker it has probably been around for a long time (when those tickers were available) and therefore it has a solid business strategy.
 

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