In the video below, Fool.com analysts Austin Smith and Charly Travers discuss the reasons why investors should consider buying shares of Microsoft (NASDAQ:MSFT)

Charly has been arguing the bull case on Microsoft for about two years, based mostly on its compelling value (it's trading around 14 times earnings), and its solid dividend.

His arguments have failed to win over many investors, he concedes. But there is now another reason to consider buying Microsoft.

After years of neglecting the consumer side of its business and losing out to major rivals like Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOGL), it looks like Microsoft has "found religion," Charly says.

The Surface tablet and Windows 8 phone operating system could be a foundation to build upon. The moves -- combined with its already compelling value -- could provide a major catalyst for the stock.

Austin Smith owns shares of Apple and Google. Charly Travers owns no shares of the companies mentioned above. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.