Microsoft Corp. (NASDAQ: MSFT) launched its Windows Phone at the end of the last decade… and just put the final nail in its coffin this year. Its would-be answer to iPhone and Android dominance just didn't catch on in the kinds of numbers a company like Microsoft needs to move the needle.
But it's trying again, and this time, it's taken a "if you can't beat 'em, join 'em" approach and partnered with Alphabet Inc.'s (NASDAQ: GOOGL) Google to bring a new smartphone and a whole slew of new personal tech devices to market.
I like what I see when I look at Microsoft's new offerings… and more importantly, I like what I see when I look at Microsoft's stock chart.
The stock hasn't moved much lately, which makes the play I'm going to recommend that much cheaper. Here's what's going on…
About the Author
Tom Gentile is widely known as America's #1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Now, he's diving into the biggest market in the world - one that almost no one has heard of before.