With Microsoft (MSFT) stock trading in record high territory, Goldman Sachs analyst Heather Bellini admitted Friday that she made a wrong call on the software giant. Since Goldman added Microsoft stock to its “sell list” on April 11, 2013, Microsoft is up 84% vs. 29% for the S&P, she said. “We were wrong,” she said. “Despite out-year estimates consistently compressing, we failed to appreciate that the stock would disconnect from downward EPS
By James Brumley, InvestorPlace Feature Writer With the end of the year upon us and a new calendar year approaching, it’s time to prune your portfolios of the dead weight and plant the seeds that will flourish in the coming year. And what better foot to start off the new year with than a couple of undervalued
Apple (AAPL) and Microsoft (MSFT) spent more on stock buybacks than any other companies, both in the third quarter and in the trailing 12 months. Apple spent $15.3 billion on stock buybacks in Q3, followed by Microsoft at $4 billion, according to data collected by FactSet Research. Companies in the S&P 500 spent a total of $156 billion on share buybacks in the third quarter, up 16% from the second quarter and a 6.4% increase from Q3 2014. The