The roll out of 5G isn’t going to be stopped by COVID-19 or whether stimulus is passed. In fact, the need for faster internet during this pandemic has never been greater.

The move to digitalization of work, school, and even play, benefits technology and cloud companies like Microsoft. Morgan Stanley analyst Keith Weiss raised the firm’s price target on Microsoft to $249 from $245 and keeps an Overweight rating on the shares following the company’s fiscal first quarter report, which he notes featured an acceleration in overall commercial bookings and “solid Commercial Cloud growth.” He has raised his FY21 EPS estimates following last night’s report, Weiss added.

Morgan Stanley analyst Keith Weiss raised the firm’s price target on Microsoft to $249 from $245 and keeps an Overweight rating on the shares following the company’s fiscal first quarter report, which he notes featured an acceleration in overall commercial bookings and “solid Commercial Cloud growth.” He has raised his FY21 EPS estimates following last night’s report, Weiss added.

Microsoft has emerged as the fourth largest contributor to Democratic Presidential candidate Joe Biden’s candidate campaign committee, according to data from OpenSecrets, Reuters’ Nandita Bose reports. Microsoft senior executives also have donated more to the Biden campaign during the primaries than any other large tech company, according to data from the Revolving Door Project, part of Center for Economic & Policy Research.

Jim Cramer is a horrible market timer so I wouldn’t be in a rush to buy these stocks right now. Premium members know when we’re going to be looking for long enteries.

The “Mad Money” host reveals a shopping list for stocks investors can look to buy into weakness.

Source: https://www.youtube.com/watch?v=wdOGWeAwj_s

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