Techquity: More friends for Facebook, not for Microsoft
Monday, December 24, 2012 - 02:27
Dec 24 - Facebook gains on positive comments from an analyst while Microsoft loses ground.
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Welcome exactly. Our show on tech stocks I'm Fred Katayama next more friends for FaceBook more competition for Google and more troubles for Microsoft. We start with FaceBook another analyst becoming more positive on the stock. Need to Laura Martin expecting its mobile monetization efforts to experience strong growth. She also called it the most valuable property on the Internet as customers spend more time on it then any other site. -- raising your price target from 25 dollars to 33 dollars. Following the -- of Cantor Fitzgerald and others who have raised the price targets recently shares up about 2% today -- 27. And what a change over the past three months for FaceBook the number of strong bond ratings is up. And the number of -- all ratings is down. Google's reportedly shifting its mobile focused the Wall Street Journal says it is working with a Motorola unit on developing new device to the working title of the X phone new Smartphone expected to debut -- 2013 and lead to the development of a tablet to. The device that would help -- compete with apple and other rivals. Not a competitor to Google sites is Amazon. Reuters spoke with analyst venture capitalists and others. Who point to the growing rivalry between the two on everything from online shopping to cloud computing. You'll still lot bigger at this point of the market cap nearly twice that of Amazon a huge per share profit predicted for point while while analysts see a loss for Amazon. But Amazon trades at a much higher multiple price to earnings ratio nearly ten times that of Google. And in 2012. Amazon has come out the winner up nearly 50% while Google has risen closer to 10%. In our best of the rest today a company whose stock has underperformed both of those this year Microsoft. New York Times quoting an executive PC maker Acer who says sales of the company's computers running Microsoft windows eight. Have been lower than expected. We search -- and media estimates sales all windows machines and actually drop from the year ago. Microsoft is suffering the move to tablets where it serves -- yet to gain significant traction. Shares down close to 2% today. And that's to equity this Monday remember you can follow us on Twitter at RT ERS technically I'm Fred Katayama.
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