Microsoft has a long path of earnings growth ahead, says Morgan Stanley

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Accelerating earnings growth has "catalyzed" strong stock performance for Microsoft in the past and can do so again, says an analyst.

Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot.

... Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot. In his view, earnings acceleration “should bring investors back to Microsoft, given strong stock performance historically aligned to EPS growth and a broader market backdrop where earnings outside of software look to be coming under increasing pressure.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Interesting

If anyone is left alive to buy, sure.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley downgrades XPO, says logistics company is a 'show me story' after latest quarterMorgan Stanley is the latest firm downgrading the stock after earnings, following Wells Fargo and Jefferies. train derailment in Ohio is currently emitting massive amounts of carcinogenic compounds into the air, this alone would be enough to be interesting but it seems there is more to the story. Norfolk Southern seems to be operating hand in hand with the government in this area, LOOK
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley strategist Mike Wilson is still bearish, but has some cheap stocks he touts anywayThe chief U.S. equity strategist screened for stocks he said have been 'unfairly punished' by the market. CNBC you keep shoving Tom Lee at us but always restrict Mike Wilson. That is bull crap.
Source: CNBC - 🏆 12. / 72 Read more »