Microsoft Is More Likely to Buy BlackBerry Says Analyst and 2 Other Hot Stocks to Watch

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Microsoft Corp. (NASDAQ:MSFT): Current price $32.69

Analyst Peter Misek at Jefferies wrote in an investor note early Thursday that subsequent to its acquisition of Nokia’s handset unit, it is more likely that Microsoft will buy BlackBerry. If this happens, the software behemoth would become the definitive number three handset maker — having the capacity to sell its devices to carriers more easily, said Misek. He added that Microsoft would  then be the leader in the corporate mobile device market, and also a key player in aiding companies in the management of their mobile devices. Misek observed that helping firms manage their mobile devices is an area that Microsoft “would love to get into.”

MSFT 20130912

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business