Microsoft (MSFT) NewsBite - MSFT Featured in a Bloomberg Video Report

Posted on Thursday, July 17, 2008 11:10 AM
Microsoft Corp (MSFT) opened at $27.58. So far today the stock has hit a low of $27.11 and a high of $27.73. MSFT is now trading at $27.33, up 0.07 (0.24%). After hitting a one-year high of $37.50 in November, the stock hit a one-year low of $24.87 last week. MSFT was covered in a Bloomberg Video Report today. To see the video report go to www.marketintelligencecenter.com/VideoNews.asp . Technical indicators for MSFT are bearish and steady, while S&P gives the stock its highest 5 Stars (out of 5) Strong Buy rating. For a hedged play on this stock, consider an August bull-put spread below the $24 range. MSFT hasn't been below 24 at all in the past year, and could lose up to 12.1% before this trade runs into trouble. [LHF- Seven Summits Strategic Investments NewsBite]
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