Jim Cramer Blog

As the day nears that Google will be included into the S&P 500, the stock continues to push forward. This behavior is mainly because of the heavy buying of institutions whose charter directs them towards following the S&P 500 index. In addition, the shorts are getting scared out of this stock. In fact, I believe there is going to be an even bigger short squeeze coming in the near future. Remember there were a significant amount of people who thought that this stock was worth $250-300 a share. If the Nasdaq continues to rally look for GOOG to significantly outperform the market.