MSFT a buy after product launch close to 1 hr oversold levelMicrosoft announced today the release of a new dual-screen phone that runs the Android operating system (as opposed to the old Windows phones, which were limited in terms of what apps you could get). Since the announcement, the stock has bounced to a new support level and broken a downward trend line that it formed over the last few days. It's just recovered from oversold level on the hourly chart, so this is an attractive RSI to buy. MSFT has a 9/10 Equity StarMine Summary Score and is rated "Undervalued" (76/100) by S&P Capital IQ. This is one of the best mega-cap buys on the market right now.
