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The Case for Buying Microsoft | |
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||
| Time: 12:47 EST/17:47 GMT | News Source: Business Week Online | Posted By: Robert Stein | ||
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Giant Microsoft is still a stock to buy, in the view of Jonathan Rudy, analyst for Standard & Poor's Equity Research Services, thanks to its reasonable valuation and strong balance sheet and cash flow. "Reasonable valuation" means the price of Microsoft (MSFT ) stock is low relative to some tech companies, which Rudy attributes to investors chasing companies that were hit harder by the tech collapse and thus have the potential for a more dramatic climb. But over the longer run, he still sees Microsoft as a bastion of strength. | ||
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