Our Thesis Remains Unchanged; Microsoft Still Looks Cheap
by Valuentum
Earlier this month, news leaked that Microsoft (MSFT) veteran and Windows President Steven Sinofsky will leave the company. We're shocked by this departure, especially considering Sinofsky's list of accomplishments and that he was a potential successor to CEO Steve Ballmer. In addition to spearheading the revival at Windows in the wake of Vista, Sinofsky led Office for several years and was known as a "product guy." Still, Microsoft's shares look incredibly cheap at current levels, while providing investors with a fantastic dividend growth opportunity. We continue to hold the company in the portfolio of our Dividend Growth Newsletter (please see our left sidebar for more info). read more »
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