THIS 'BIG TECH' GIANT IS LEADING THE MARKET RECOVERY
Today, we're checking in on a company leading the broader market's recovery...
With millions of people working from home because of the coronavirus pandemic, investors have flocked to companies that provide online services. As the market recovers from its March lows, "Big Tech" has led the rally. Take a look at this software giant...
Microsoft (MSFT) is the $1.6 trillion maker of products like the Office software suite and the OneDrive cloud-storage service. Businesses around the world rely on Microsoft every day, and the pandemic hasn't changed that...
In fact, the company reported that lockdowns and social distancing made its workplace-messaging app Teams and cloud service Azure even more valuable.
As today's chart shows, MSFT shares are soaring. The stock is up more than 50% from its March lows and just hit a new all-time high. Until folks no longer need Excel spreadsheets and Word documents, Microsoft is well-positioned for continued gains...
Source: Daily Wealth
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Microsoft (MSFT) / Bill Gates
Re: Microsoft (MSFT) / Bill Gates
by winston » Tue Jul 07, 2020 7:50 pm
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Re: Microsoft (MSFT) / Bill Gates
by winston » Thu Jul 23, 2020 7:18 am
not vested
Microsoft shares drop as Azure cloud-services sales slow
by Dina Bass
(July 23): Microsoft Corp. reported disappointing quarterly sales growth in its Azure cloud-computing business, dashing optimism that growth would remain in overdrive as companies increasingly rely on internet-based services during the coronavirus outbreak.
Azure revenue rose 47% in the quarter ended June 30, missing analysts’ predictions for a 49% gain and notably lower than the 59% jump of the prior quarter.
Shares slipped about 2.7% in extended trading. The miss overshadowed an otherwise strong report -- revenue rose 13% to $38 billion, the software maker said Wednesday in a statement. Analysts polled by Bloomberg on average estimated $36.5 billion.
The results showed subscriptions and cloud programs like Office and Azure continuing to grow along with remote work -- but not enough for some investors, who have bid up tech companies’ stocks on expectations that the pandemic would have benefits for their businesses.
Investors pushed Microsoft’s stock 29% higher in the June quarter. Ives noted that some were hoping for Azure growth of as much as 55%. The shares, which had risen 1.4% to $211.75 Wednesday in New York trading, fell as low as $204.52 in extended trading.
For the fiscal fourth quarter, net income was $11.2 billion, or $1.46 a share, including a 5-cent charge Microsoft took for closing its retail stores, compared with estimates of $1.36 a share.
Commercial cloud revenue rose 30% to $14.3 billion. Margins for the business widened by 1% to 66%. Those numbers also represented a less rosy picture than the previous quarter, when commercial cloud revenue rose 39% and margins improved by 4%.
“I feel pretty optimistic about where we are,” Hood said. Given the future interest, the company will continue to invest “significantly” in cloud data centers. In the fourth quarter, the company had $5.8 billion in capital expenditures, after constraints on equipment purchases in the March quarter damped spending and caused cloud-capacity issues.
Economic weakness is hitting other parts of Microsoft’s business. On Monday, the company’s LinkedIn professional-networking unit said it would cut 960 jobs, or about 6% of its workforce, because few companies are hiring. Revenue at LinkedIn gained 10% in the June period, Microsoft said Wednesday.
One-time purchases of software have also been curtailed, which caused the company’s Productivity software unit to fall slightly short. Revenue was $11.8 billion, compared with an $11.9 billion average estimate of analysts polled by Bloomberg. Consumers bought more subscriptions for cloud-based versions of Office, but that revenue gets recorded over time, instead of the immediate sales bump from individual purchases of a copy of Office.
“A lot of that gets recognized in future quarters,” Hood said. “That’s probably remote work and learn demand showing itself in subscriptions, which is a good thing.”
Windows software for personal computers and Surface devices continued to sell well, with demand fueled by workers who need better gear at home. That was especially strong in April because devices were in short supply the previous quarter, Hood said.
Another part of Microsoft’s business benefiting from homebound customers is gaming. Revenue from Xbox games and services jumped 65% in the quarter. Hood reiterated that the company’s newest Xbox console is running on time for a holiday-season release.
Source: Bloomberg
https://www.theedgemarkets.com/article/ ... sales-slow
Microsoft shares drop as Azure cloud-services sales slow
by Dina Bass
(July 23): Microsoft Corp. reported disappointing quarterly sales growth in its Azure cloud-computing business, dashing optimism that growth would remain in overdrive as companies increasingly rely on internet-based services during the coronavirus outbreak.
Azure revenue rose 47% in the quarter ended June 30, missing analysts’ predictions for a 49% gain and notably lower than the 59% jump of the prior quarter.
Shares slipped about 2.7% in extended trading. The miss overshadowed an otherwise strong report -- revenue rose 13% to $38 billion, the software maker said Wednesday in a statement. Analysts polled by Bloomberg on average estimated $36.5 billion.
The results showed subscriptions and cloud programs like Office and Azure continuing to grow along with remote work -- but not enough for some investors, who have bid up tech companies’ stocks on expectations that the pandemic would have benefits for their businesses.
Investors pushed Microsoft’s stock 29% higher in the June quarter. Ives noted that some were hoping for Azure growth of as much as 55%. The shares, which had risen 1.4% to $211.75 Wednesday in New York trading, fell as low as $204.52 in extended trading.
For the fiscal fourth quarter, net income was $11.2 billion, or $1.46 a share, including a 5-cent charge Microsoft took for closing its retail stores, compared with estimates of $1.36 a share.
Commercial cloud revenue rose 30% to $14.3 billion. Margins for the business widened by 1% to 66%. Those numbers also represented a less rosy picture than the previous quarter, when commercial cloud revenue rose 39% and margins improved by 4%.
“I feel pretty optimistic about where we are,” Hood said. Given the future interest, the company will continue to invest “significantly” in cloud data centers. In the fourth quarter, the company had $5.8 billion in capital expenditures, after constraints on equipment purchases in the March quarter damped spending and caused cloud-capacity issues.
Economic weakness is hitting other parts of Microsoft’s business. On Monday, the company’s LinkedIn professional-networking unit said it would cut 960 jobs, or about 6% of its workforce, because few companies are hiring. Revenue at LinkedIn gained 10% in the June period, Microsoft said Wednesday.
One-time purchases of software have also been curtailed, which caused the company’s Productivity software unit to fall slightly short. Revenue was $11.8 billion, compared with an $11.9 billion average estimate of analysts polled by Bloomberg. Consumers bought more subscriptions for cloud-based versions of Office, but that revenue gets recorded over time, instead of the immediate sales bump from individual purchases of a copy of Office.
“A lot of that gets recognized in future quarters,” Hood said. “That’s probably remote work and learn demand showing itself in subscriptions, which is a good thing.”
Windows software for personal computers and Surface devices continued to sell well, with demand fueled by workers who need better gear at home. That was especially strong in April because devices were in short supply the previous quarter, Hood said.
Another part of Microsoft’s business benefiting from homebound customers is gaming. Revenue from Xbox games and services jumped 65% in the quarter. Hood reiterated that the company’s newest Xbox console is running on time for a holiday-season release.
Source: Bloomberg
https://www.theedgemarkets.com/article/ ... sales-slow
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Microsoft (MSFT) / Bill Gates
by winston » Sat Jul 25, 2020 8:52 pm
not vested
Why Microsoft Remains The Best Tech Stock To Own Right Now
by Victor Dergunov
Summary
Microsoft just reported a very strong quarter as well as robust results for its full fiscal year.
Microsoft is trading at about 33 times 2021 consensus EPS estimates, but the company is likely trading closer to 30 times EPS, given its dominant position and strong earnings potential.
Moreover, given current market conditions, Microsoft can be looked at as a "safe-haven" stock, which implies that multiple expansion is likely.
We believe Microsoft will continue to surpass consensus estimates, and the stock has about 30% upside potential over the next 12-18 months.
Source: Seeking Alpha
https://seekingalpha.com/article/436023 ... ent=link-7
Why Microsoft Remains The Best Tech Stock To Own Right Now
by Victor Dergunov
Summary
Microsoft just reported a very strong quarter as well as robust results for its full fiscal year.
Microsoft is trading at about 33 times 2021 consensus EPS estimates, but the company is likely trading closer to 30 times EPS, given its dominant position and strong earnings potential.
Moreover, given current market conditions, Microsoft can be looked at as a "safe-haven" stock, which implies that multiple expansion is likely.
We believe Microsoft will continue to surpass consensus estimates, and the stock has about 30% upside potential over the next 12-18 months.
Source: Seeking Alpha
https://seekingalpha.com/article/436023 ... ent=link-7
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
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Re: Microsoft (MSFT) / Bill Gates
by winston » Sun Jul 26, 2020 7:54 am
not vested
Microsoft (MSFT)
Tech stocks have been leading the market gains during the pandemic. One company that is a strong player in many investors’ portfolios is Microsoft. The company secured some incredible margins this year thanks to its operating systems and cloud applications.
With most people working from home since spring, Microsoft saw a boost in its cloud application usage. Azure revenue increased by 61%, while Microsoft Office had a double-digit growth year. This momentum is likely to be bolstered by the X-box gaming console expected to launch this fall.
With the remote economy driving 50% of Microsoft’s revenue, analysts predict a bright future for the company.
Stifel analyst Brad Reback increased the company’s price target from $200 to $215. He believes that cloud migration tools will be in demand long after the pandemic. This trend will help Microsoft expand its cloud services to new markets.
Microsoft is only one of two AAA-rated stocks in the market and has a solid cash flow to keep it at the top of its game in the coming years.
As the tech giant continues to generate juicy margins, this is one of the growth stocks to buy that is definitely worth holding on to.
Source: Trade Of The Day
Microsoft (MSFT)
Tech stocks have been leading the market gains during the pandemic. One company that is a strong player in many investors’ portfolios is Microsoft. The company secured some incredible margins this year thanks to its operating systems and cloud applications.
With most people working from home since spring, Microsoft saw a boost in its cloud application usage. Azure revenue increased by 61%, while Microsoft Office had a double-digit growth year. This momentum is likely to be bolstered by the X-box gaming console expected to launch this fall.
With the remote economy driving 50% of Microsoft’s revenue, analysts predict a bright future for the company.
Stifel analyst Brad Reback increased the company’s price target from $200 to $215. He believes that cloud migration tools will be in demand long after the pandemic. This trend will help Microsoft expand its cloud services to new markets.
Microsoft is only one of two AAA-rated stocks in the market and has a solid cash flow to keep it at the top of its game in the coming years.
As the tech giant continues to generate juicy margins, this is one of the growth stocks to buy that is definitely worth holding on to.
Source: Trade Of The Day
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
- Joined: Wed May 07, 2008 9:28 am
Re: Microsoft (MSFT) / Bill Gates
by winston » Tue Jul 28, 2020 8:16 pm
not vested
Microsoft Stock
Wall Street ho-hummed another strong quarter from Microsoft last week, sending shares lower by more than 4% on July 23.
Earnings and sales topped expectations, with adjusted profit up 7% year over year. Revenue increased 13% to $38 billion, about $1.5 billion better than the $36.5 billion consensus.
Revenue at Microsoft's Intelligent Cloud business segment, which includes Azure cloud services, rose 17% to $13.37 billion. Azure revenue jumped 47%, but that was a slight slowdown from 59% growth in the prior quarter.
At the company's Productivity and Business Processes unit, which houses Office, Dynamics and LinkedIn, revenue increased 6% to $11.75 billion in revenue, a little below expectations.
Microsoft, a member of Leaderboard, boasts a bullish chart after a breakout from a cup with handle base with a 187.61 buy point. The 5% buy zone went up to 196.99. The buy point was derived by adding 10 cents to the stock's May 11 intraday high.
Microsoft is currently testing support at its 10-week moving average for the first after a breakout. A bounce off the 10-week line with conviction would put the stock in an alternate buy zone.
Composite Rating: 97 (scale of 1-99 with 99 being the best)
Latest-quarter EPS % change: +7%
Latest-quarter sales % change: +13%
Three-year annualized EPS growth rate: 18%
Annual return on equity: 40.1%
Annual pretax profit margin: 37.1%
Source: IBD
Microsoft Stock
Wall Street ho-hummed another strong quarter from Microsoft last week, sending shares lower by more than 4% on July 23.
Earnings and sales topped expectations, with adjusted profit up 7% year over year. Revenue increased 13% to $38 billion, about $1.5 billion better than the $36.5 billion consensus.
Revenue at Microsoft's Intelligent Cloud business segment, which includes Azure cloud services, rose 17% to $13.37 billion. Azure revenue jumped 47%, but that was a slight slowdown from 59% growth in the prior quarter.
At the company's Productivity and Business Processes unit, which houses Office, Dynamics and LinkedIn, revenue increased 6% to $11.75 billion in revenue, a little below expectations.
Microsoft, a member of Leaderboard, boasts a bullish chart after a breakout from a cup with handle base with a 187.61 buy point. The 5% buy zone went up to 196.99. The buy point was derived by adding 10 cents to the stock's May 11 intraday high.
Microsoft is currently testing support at its 10-week moving average for the first after a breakout. A bounce off the 10-week line with conviction would put the stock in an alternate buy zone.
Composite Rating: 97 (scale of 1-99 with 99 being the best)
Latest-quarter EPS % change: +7%
Latest-quarter sales % change: +13%
Three-year annualized EPS growth rate: 18%
Annual return on equity: 40.1%
Annual pretax profit margin: 37.1%
Source: IBD
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
- Joined: Wed May 07, 2008 9:28 am
Re: Microsoft (MSFT) / Bill Gates
by winston » Wed Jul 29, 2020 9:09 pm
not vested
It’s a Great Time to Buy This Stock (Much More Upside Ahead)
by Andrew Keene
Source: Money Morning
https://dailytradealert.com/2020/07/29/ ... ide-ahead/
It’s a Great Time to Buy This Stock (Much More Upside Ahead)
by Andrew Keene
The company reported $38 billion in revenue for the second quarter – up 13% from the same period in the prior year.
Earnings for the quarter came in at $1.46 per share, destroying analysts’ prediction of $1.34 share.
A further breakdown showed that the company is bringing in money from every angle:
A 6% increase in revenue from the productivity and business processes segment, to $11.8 billion.
A 19% surge in sales of Office 365 Commercial.
A 17% bump in revenue in the intelligent cloud division, to $13.4 billion.
A 14% increase in personal computing sales, to $12.9 billion.
Source: Money Morning
https://dailytradealert.com/2020/07/29/ ... ide-ahead/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Microsoft (MSFT) / Bill Gates
by winston » Sat Sep 19, 2020 7:30 pm
not vested
3 Reasons to Buy Microsoft Stock on the Dip
MSFT stock has the fundamentals and secure revenue growth to keep long-term investors satisfied
By Matt McCall
Source: Investor Place
https://investorplace.com/2020/09/3-rea ... h=nonbuyer
3 Reasons to Buy Microsoft Stock on the Dip
MSFT stock has the fundamentals and secure revenue growth to keep long-term investors satisfied
By Matt McCall
Analysts expect roughly 10% revenue growth this year and 11.5% growth next year.
On the earnings front, estimates call for slightly better growth, at 12.2% this year and 13.6% next year.
Microsoft is sitting on $136.5 billion in cash and short-term investments. Current assets have bubbled up to $181.9 billion. That’s against current liabilities of “just” $72.3 billion.
More importantly, Microsoft generated free-cash flow of $45.2 billion last fiscal year.
Over $216 and the highs are back in play. On a close below $200, a larger dip may be on the table, which will appeal to longer-term buyers.
Source: Investor Place
https://investorplace.com/2020/09/3-rea ... h=nonbuyer
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
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Re: Microsoft (MSFT) / Bill Gates
by winston » Sun Sep 20, 2020 8:34 am
not vested
Tech Stocks to Buy on the Rebound
By Alex Kagin
Almost every single person uses its products whether they know it or not.
While you may have heard of Microsoft Windows, Word, Outlook, or Excel, it also provides cloud infrastructure for 85% of the Fortune 500.
The company has also made sure that remote workers can continue to be productive with products like Microsoft Teams, its chat, meetings, calling, and collaboration tool.
In April of this year, it was already up to 75 million daily active users.
On top of providing worldclass products, Microsoft has increased its dividend for the last 18 years and just announced a 10% increase, making it a great stock to buy on a dip.
It is currently 13% from it's all-time high giving you the chance to get in on the price it was trading at in June.
Source: Strategic Tech Investor
Tech Stocks to Buy on the Rebound
By Alex Kagin
Almost every single person uses its products whether they know it or not.
While you may have heard of Microsoft Windows, Word, Outlook, or Excel, it also provides cloud infrastructure for 85% of the Fortune 500.
The company has also made sure that remote workers can continue to be productive with products like Microsoft Teams, its chat, meetings, calling, and collaboration tool.
In April of this year, it was already up to 75 million daily active users.
On top of providing worldclass products, Microsoft has increased its dividend for the last 18 years and just announced a 10% increase, making it a great stock to buy on a dip.
It is currently 13% from it's all-time high giving you the chance to get in on the price it was trading at in June.
Source: Strategic Tech Investor
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
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Re: Microsoft (MSFT) / Bill Gates
by winston » Tue Nov 10, 2020 3:19 pm
not vested
Microsoft: This Could Be A Problem
Summary
Weak guidance for quarterly revenue shows that Microsoft is not as immune to the COVID-19 economic environment as many investors originally thought.
Share prices are falling even after Microsoft posted better than expected results for the first-quarter reporting period, showing investors are focused on year-end trends as a more meaningful performance indicator.
In our view, the company’s main area of strength lies in Azure and results from the most recent reporting period indicates excellent potential for growth into 2021.
However, weaker guidance remains for investors and we believe search revenue remains a key problem for Microsoft that is likely to become more obvious in upcoming reporting periods.
For these reasons, MSFT could see further dips if we encounter a surge in volatility in the main U.S. stock benchmarks, and income investors should wait for more favorable entry points before building positions.
Source: Seeking Alpha
https://seekingalpha.com/article/438638 ... ent=link-0
Microsoft: This Could Be A Problem
Summary
Weak guidance for quarterly revenue shows that Microsoft is not as immune to the COVID-19 economic environment as many investors originally thought.
Share prices are falling even after Microsoft posted better than expected results for the first-quarter reporting period, showing investors are focused on year-end trends as a more meaningful performance indicator.
In our view, the company’s main area of strength lies in Azure and results from the most recent reporting period indicates excellent potential for growth into 2021.
However, weaker guidance remains for investors and we believe search revenue remains a key problem for Microsoft that is likely to become more obvious in upcoming reporting periods.
For these reasons, MSFT could see further dips if we encounter a surge in volatility in the main U.S. stock benchmarks, and income investors should wait for more favorable entry points before building positions.
Source: Seeking Alpha
https://seekingalpha.com/article/438638 ... ent=link-0
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 110548
- Joined: Wed May 07, 2008 9:28 am
Re: Microsoft (MSFT) / Bill Gates
by winston » Thu Apr 01, 2021 9:03 am
not vested
Microsoft Wins Huge Pentagon Contract for AR Headsets
Microsoft secured a deal for augmented reality headsets that could be valued at nearly $22 billion over 10 years.
by TOM BEMIS
Microsoft (MSFT) - Get Report won a huge Pentagon contract for augmented reality headsets that could be worth nearly $22 billion over the next 10 years.
Microsoft will make 120,000 of the headsets, which are based on its HoloLens technology, CNBC and Reuters reported.
The contract comes as Microsoft's win of a $10 billion deal to provide cloud services to the military remains in dispute. The award of the so-call Jedi contract came during the Trump administration in a win over Amazon.com's (AMZN) - Get Report AWS cloud services.
The headsets will be used to provide increased situational awareness for military personnel by using holograms overlying the actual visual environment, CNBC reported.
Maps, compasses and thermal images can be displayed using the devices, as well as aiming points for weapons carried by the personnel, according to the report.
Microsoft is reportedly in talks to acquire Discord, a gamer communications platform, for $10 billion.
Source: The Street, Inc.
https://www.thestreet.com/investing/mic ... R+Headsets
Microsoft Wins Huge Pentagon Contract for AR Headsets
Microsoft secured a deal for augmented reality headsets that could be valued at nearly $22 billion over 10 years.
by TOM BEMIS
Microsoft (MSFT) - Get Report won a huge Pentagon contract for augmented reality headsets that could be worth nearly $22 billion over the next 10 years.
Microsoft will make 120,000 of the headsets, which are based on its HoloLens technology, CNBC and Reuters reported.
The contract comes as Microsoft's win of a $10 billion deal to provide cloud services to the military remains in dispute. The award of the so-call Jedi contract came during the Trump administration in a win over Amazon.com's (AMZN) - Get Report AWS cloud services.
The headsets will be used to provide increased situational awareness for military personnel by using holograms overlying the actual visual environment, CNBC reported.
Maps, compasses and thermal images can be displayed using the devices, as well as aiming points for weapons carried by the personnel, according to the report.
Microsoft is reportedly in talks to acquire Discord, a gamer communications platform, for $10 billion.
Source: The Street, Inc.
https://www.thestreet.com/investing/mic ... R+Headsets
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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