NEW YORK (TheStreet) -- Shares of Microsoft Corp. (MSFT) are up 0.44% to $41.86 as CEO Satya Nadella, five months into the job, today released his definition of Microsoft's corporate mission and hinted that an organizational shake-up will happen, the Wall Street Journal reports.
In an approximate 3,000-word email to company employees, Nadella said Microsoft needed to "hone in on our unique strategy," which he suggested would differ from the "devices and services" mantra developed by his predecessor, Steve Ballmer, the Journal noted.
He said Microsoft at its core "is the productivity and platform company for the mobile-first and cloud-first world."
TheStreet Ratings team rates MICROSOFT CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate MICROSOFT CORP (MSFT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: