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Microsoft Stock Boosted by Dividend Potential: Chart of the Day


Microsoft is off to a shocking start to 2014 -- and that's why it's today's TheStreet Chart of the Day. Jim Cramer is tabbing it as one of his Action Alert Picks, targeting $52 a share for the company trading at 14x forward earnings. With shares up about 20% to start the year and its balance sheet fast accumulating cash, some think CEO Satya Nadella could soon face pressure to up dividends or boost a buyback. One of the things Cramer likesabout the company is its taking direction with its Nokia acquisition -- however, there are red flags ahead for Microsoft, including its struggle torein in costs at its Xbox unit.