Analysis: Investors look to cloud for tech stock picks

BOSTON (Reuters) – Jeffrey Saut simply looks up to remind himself which tech stocks will be hot in 2011. Saut, chief investment strategist for brokerage Raymond James, says he is betting on companies that are leaders in cloud computing — using Internet technology to move computers and information away from desktops and into remote data

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Cloud Computing Analysts encouraged by Microsoft’s ‘cloud’ progress

Cloud Computing Analysts encouraged by Microsoft’s ‘cloud’ progress SEATTLE (MarketWatch) — Wall Street analysts came away from Microsoft Corp.’s annual gathering encouraged by the company’s progress in adapting to a market in which software applications are increasingly delivered online, according to research reports published Friday. Microsoft increasingly has been moving into so-called cloud computing, where

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UPDATE: Microsoft COO: ‘We Are Going To Lead With the Cloud’

SAN FRANCISCO (Dow Jones)–Cloud computing tops a four-point plan Microsoft Corp. (MSFT) has developed for maintaining its position in the business-software market, Kevin Turner, the company’s chief operating officer, said Thursday. “We are going to lead with the cloud,” Turner said at the Redmond, Wash. software giant’s analyst day. “It helps position Microsoft to sell

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