With a joke of a report; What is up with all this grade levels given by institutions that have no fundamental understanding of companies that they analyze, such as Microsoft and just the overall tech industry?
Microsoft got downgraded on reasons beyond my comprehension. Stating facts about company operations in developing sections where some of their projects have barely grown in size to matter for the company income share. Their statements on this by discussing the amount of money that Microsoft spends backing up these operation and not enough return rates are just silly. OK, I can accept that!
But, what about mentioning their XBOX and BING division that have yet to reach their potentials, these operations are clearly positioned for long term investment purposes; you can see that just by they way they handle their product cycles. And one thing that people don’t accept about Microsoft is that having market share at all costs it the most important thing for them.
Analysis given by these institutions now a days are all about short-term outlook and performance! So the silly market follows and with an the ever greedy sense and no true direction. So in my opinion MSFT has become just a better buy and undervalued, just like many companies out there who are suffering because of these type of groundless evaluations. If you want a real information on these companies/industry look at sources like engadget for tech, and same for rest; 9rules.