Saturday, May 5, 2012

Why Microsoft?

The Why?
It comes down to the fact that I just ended up liking the direction of the company. The share price came down a little from the high a week ago but this is a long term buy on a name I think is undervalued at $30.98 and $31.40 after commission. The dividend is a positive as well as I see MSFT can raise it  in the future with no problems. The current yield is 2.5% and that can be paid easily.The next ex-dividend date is May 14th so it also qualifies for this. The stock has over $6 per share in cash.  The company has many exciting business partnerships with Facebook, Nokia (Lumia 10), and Barnes and Noble (Newco). Xbox and Windows 8 look like they will help the company grow. The project portfolio was missing a large cap stock and a tech stock and Microsoft will be a great addition.

Total transaction 19 shares at $31.40.

Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.

No comments:

Post a Comment

Oh the Carnage! What I'm doing with XOM (Exxon), COP, new Buy BA

In my last post I talked about a few names one of them was XOM. I have made 3 purchases since the beginning of the year I will share them!...