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Stutland Equities Likes MSFT, ORCL, YHOO
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Posted on 11/20/09 at 4:53pm by Craig Jones
Brian Stutland of Stutland Equities said on CNBC's Fast Money that investors should look at Microsoft (NASDAQ: MSFT), Oracle (NASDAQ: ORCL) and Yahoo! (NASDAQ: YHOO), the companies that were sold on Dell's (NASDAQ: DELL) weakness.
Stutland believes that these stocks were oversold and sees the opportunity to pick them up, but only at the short term. He sees Microsoft (MSFT) at $30, Oracle (ORCL) at $23 and Yahoo! (YHOO) at $16.
MSFT closed at $29.62 and ORCL finished at $22.34. YHOO dropped 1.57% today at $15.38.
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