real-time news and commentary for investors
Tuesday, Nov 8
2011, 8:33 AM
Morningstar ETF analyst Michael Rawson lines up Microsoft (MSFT) as a stock that could see...
Morningstar ETF analyst Michael Rawson lines up Microsoft (MSFT) as a stock that could see increased buying from benchmark fund managers as they adjust their holdings to account for recent selling by insider Bill Gates - whose MSFT shares don't count in the S&P 500 weighting. Rawson says if Gates ups his selling of MSFT shares even higher to fund his philanthropic activities, index fund managers may need to buy as much as 80M shares to keep pace.