Why Microsoft Is Working Right Now
by Bret Jensen
Investors greeted President Obama's re-election and the continuing lack of resolution this week with resounding thumbs down. Markets fell some 3% to 4% across the various equity indexes over the last three trading days of the week. Talk of the "fiscal cliff" seems to be on every media and financial pundit's lips. The market is likely to remain highly volatile through year end. In times like these, it is important investors find stocks that are working despite the current turmoil and why they are working. One stock is performing well right now and is likely to continue to work in at least the medium term is Microsoft (MSFT). There are myriad reasons for this. In this piece, I will contrast Microsoft against three market stalwarts (Apple, AT&T and Salesforce) that it is outperforming over the last month (see chart) and go into what is driving this outperformance. read more »
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