Thursday, September 02, 2004
Google On The S&P 500?
The top stocks all wind up the Standard & Poor 500 Index. When Google is added (and it surely will be), that will be a big boon for the stock, as more people will invest in it. CNN/Money's Paul La Monica writes that Google may be added much earlier than normal S&P policy, and notes how GOOG meets every criteria they have. According to Search Engine Lowdown, a now-missing Bloomberg article says that Google's stock will not settle until it is added to the S&P and NASDAQ 100 Tracking Stock (QQQ).
(If the article ever comes back, comment and let everybody know)