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Microsoft (MSFT) Solidly Higher Into Tomorrow's Analyst Day

July 23, 2008 10:58 AM EDT
Shares of Microsoft (Nasdaq: MSFT) are solidly higher this morning, rising 3.3% in early trade. Tomorrow, Microsoft will host an Analyst Day at 8:30AM Pacific Time.

Shares of Mr. Softie are off 25% YTD and investors are likely bottom-fishing in the name following Thursday's disappointing earnings, which sent the stock 6% lower.

MSFT's P/E is about 14x and it has a 1.7% dividend yield.

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