Former Microsoft CEO Steve Ballmer Believes Twitter Is 'Amazing Asset'

Beat up Twitter  (TWTR) has been shown some love of late.

On the first day of this year's Recode Code Conference, former Microsoft (MSFT) CEO Steve Ballmer was quoted as saying at the event Twitter is "an amazing asset... we'll see which way it goes... still have a lot of money on the opportunity."

Ballmer isn't the only one with an upbeat view on Twitter.

Takeover talks surrounding Twitter died down in late 2016 after Disney (DIS) , Salesforce.com (CRM) and other potential suitors lost interest in the struggling social media company, but BTIG analyst Richard Greenfield recently said that the improvements to Twitter's timeline make it an "inevitable" takeover target again.

 

Watch more of the latest videos from TheStreet: