Microsoft, Blackstone are Underpriced Giants Says Oceanic Manager

Microsoft Office is still the bedrock of business and now that the software giant's other products are catching on the stock is taking off.
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Microsoft Office is still the bedrock of business and now that the software giant's other products are catching on the stock is taking off, said Thomas Yorke, Managing Director at Oceanic Capital on Covestor. Yorke added that Microsoft has been very shareholder friendly with buybacks and dividends, and it has a massive pile of cash for M&A. Yorke is also bullish on shares of Blackstone, saying the private equity powerhouse trades at a cheap valuation considering its real estate holdings and dealmaking successes. Finally, Yorke said he remains bullish on the dollar as foreign central banks continue to weaken their currencies.