Microsoft Rallies, I Cry

As Microsoft has posted one of the largest gains (as far as short-term spikes are concerned) within the last five years, I'm starting to kick myself in the butt. I analyzed MSFT just 3 days after it started its rally on Oct. 19th, but since I'm still in the process of analyzing a bunch more stocks, I have not made my final portfolio picks yet.

I'm sure there are still plenty of great opportunities in the market, but it's definitely a bummer when you miss out on a 15% gain (within a week!) from a company like Microsoft.

The only stock that is currently in the "buy" zone for me, is Johnson & Johnson (JNJ). It's currently trading at a 34% discount to my intrinsic value of the company.

Additional resources:

• Morningstar: U.S. stocks rally on Microsoft's strong profit, Fed hopes