December 4, 2013 (Chinavestor) Microsoft (NASDAQ:MSFT) is up 44% YTD, far outperforming the Dow or its components. As a matter of fact, the stock has been on the roll far longer than that. What's behind the rally?
For one, Steve Ballmer is out. But this will only explain the surge in he passt few months. Two, the company has started to pay dividends and dividend payout ratio is increasing. Three, MSFT is in a good position to gain additional foothold in the video game industry. The new XBox is out before Christmas and is selling well.