Is Windows 8 a reason to own Microsoft?
Josh Brown of Fusion Analytics noted a trend among Microsoft, Intel and several other tech stocks Wednesday on “ Fast Money .”
“They’re finally getting to the point where the shareholder base has changed, and it’s not really high-growth funds that own them anymore,” he said. “Now you have value investors buying them. I think they’re getting more interesting.”
A test version of the latest release of world’s most popular PC operating system was scheduled for release Wednesday, with a mass-market release expected in the fall. Windows 8 will have extra functionality allowing it to move into the tablet and smartphone market.
Brown was long Microsoft stock but wouldn’t be a buyer just because of Windows 8 — even on a day in which the Nasdaq briefly broke above the 3,000 level for the first time since December 2000.
“I like that they’re paying dividends, but I’m not blown away by any of the technology improvements on Windows 8,” he said. “That’s not the reason to own the stock.”
Colin Gillis , senior technology analyst at BGC Financial, saw upside in Microsoft.Page 1 of 3 | Next Page