Buy Microsoft MSFT: This is as bad as it gets
Nothing like shooting yourself in the foot while the global economy is pushing you toward a cliff.
That’s the pretty picture that Microsoft (MSFT) painted when it reported fiscal fourth quarter earnings on July 23.
And that’s exactly why I’m buying shares of Microsoft for Jubak’s Picks with this post. If you’ve been waiting to see when this classic growth stock would become a value stock, well, the moment has arrived. Read more
Head to head: Apple versus Nokia. Which is the better stock to buy?
Apple (AAPL) crushed Wall Street estimates when it reported earnings on July 21. Earnings per share for the company’s fiscal third quarter grew 13% from the third quarter of 2008. Revenue grew by 12% in a quarter when almost no company is reporting any sales growth.
Nokia (NOK), on the other hand, stunk up the joint with its second quarter results announced on July 16. Earnings per share did meet expectations but that was the last piece of good news that the cell phone maker delivered. Revenue missed projections by 3.8% and plunged 24.6% from the second quarter of 2008. Unit volume fell 15% from the second quarter of 2008. And the company took back its forecast that it would pick up market share in 2009. Now Nokia is saying its share will stay flat this year.
So which of these two stocks is a better buy? It’s not as easy a decision as it looks. Read more
