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S&P 500 index: Freddie Mac, Fannie Mae out, Cloud Computing Vendor Salesforce new darling!

I don't have a lot to say about Fastenal, but I'm psyched to see earn a spot on the S&P 500 roster. Bravo, Standard & Poor's.

"You still have to go a long way to find the last Internet stock added to the index," I wrote last month, when new media splitter IAC (Nasdaq: IACID) was replaced by mutual fund giant Invesco (NYSE: IVZ).

The index replaced a dot-com company with a financial-services player a month ago. It's fitting that it should reverse that order this time around. is a pretty amazing company, revolutionizing the enterprise software industry by providing cheaper Web-based solutions to standard customer relationship management applications. It's become the poster child for cloud computing. Instead of software that sits on individual PCs' hard drives, its growing number of server-stored programs makes computing truly portable.

Tim Beyers recommended Google (Nasdaq: GOOG) to Rule Breakers subscribers earlier this year, not because of the company's obvious pole position in paid search, but because of its initiatives in cloud computing. It's hard not to warm up to Google Docs as an online suite of productivity apps. It's also hard to beat the price (free for individual users).

The Motley fool


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Avastu Blog is migrating to; 1st Jan 2009 live


I will send out emails personally to those who are using my link(s) on their sites.

Thanks much for your co-operation and hope you enjoy the new site and its cool new features :-)

Not like the site is unlive or something..on the contrary, its beginning to get a lot of attention already. Well most of the work is done, you don't have to worry about anything though:

What won't change

Links/Referrals: I will be redirecting the links (all links which you may have cross-posted) to - so you don't have to do anything in all your posts and links. Although, I would urge however that you do change the permalinks, especially on your blogs etc yourselfThis blog is not going away anywhere but within a few months, I will consider discontinuing its usage. I won't obviously do …