Microsoft (NASDAQ:MSFT) has a forward P/E ratio of 9 and a 3.3% dividend yield, valuations usually reserved for companies with dim future prospects. But a recent report by IDC suggests that Microsoft may have finally created a mobile operating system consumers will buy, predicting 10% market share in the fast-growing market. This entrance into tablets and the blurring between PCs and tablets are just two of the reasons Fool analyst Travis Hoium thinks the stock can outperform the market long term.
- Mar 19, 2013 at 7:30PM
- Technology and Telecom