Microsoft (MSFT) NewsBite - MSFT Covered In Bloomberg Video Report Today
Posted: Monday, March 15, 2010 10:37 AM EDT
By: Market Intelligence Center Staff
Microsoft (MSFT) was covered in a Bloomberg Video Report today and the stock is now at $29.18, down $0.09 (-0.31%) on volume of 11,283,783 shares traded. To see the video report, and find out what Michael Holland of the Blackstone Group has to say about MSFT, go to http://www.marketintelligencecenter.com/VideoNews . Over the last 52 weeks the stock has ranged from a low of $16.18 to a high of $31.50. Microsoft stock has been showing support around $28.89 and resistance in the $29.57 range. Technical indicators for the stock are bullish and S&P gives MSFT a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on MSFT the stock seems like it could be a candidate for a July out-of-the-money bull-put credit spread below the 26 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Microsoft (MSFT) Stock ReportSee what our analysts have uncovered about Microsoft (MSFT).
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