Microsoft Rolls Higher on Mulally Speculation

MSFT breaks $38 on Rick Sherlund comments

   

Microsoft Rolls Higher on Mulally Speculation

MicrosoftNew185 Microsoft Rolls Higher on Mulally Speculation  Microsoft (MSFT) has been doing well lately and Ford (F) hasn’t. Apparently, there’s an obvious connection — speculation that Ford CEO Alan Mulally will depart the automaker for the top spot at MSFT. I’ve been a doubter on that story, but it got a major boost today when Rick Sherlund, an influential analyst at Nomura (NMR), said it’s likely.

From Jay Yarow at Business Insider (h/t @soonerstocks).

Inside Microsoft, Sherlund is well-respected as one of the few analysts that really understands the company. In his report today, he says it’s likely that Alan Mulally, the CEO of Ford, will be named as Microsoft’s CEO by December.

Coincidentally, for the first time in 12 years, Microsoft finished the trading day north of $38 per share. (I should mention their gigantic $3.08 per share dividend in 2004.)

 

image1363 Microsoft Rolls Higher on Mulally Speculation

 

 


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/microsoft-alan-mulally-msft-f/.

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