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Jim Cramer Reveals His Big U Turn on Microsoft (MSFT) [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Software giant Microsoft Corp (NASDAQ:MSFT)'s shares have struggled lately, as while they are up by 18% over the past year, they are down by 9.9% year-to-date. However, over the past month, the stock is up by 11% and since the 14th, it is up by 8.5%. On April 13th, Bernstein discussed Microsoft Corp (NASDAQ:MSFT) as it kept an Outperform rating and a $641 share price target. At the heart of the financial firm's coverage was AI spending, as it outlined that the key question surrounding Microsoft Corp (NASDAQ:MSFT) wasn't the idea of growth but its timeline. Bernstein added that the sentiment for the firm would be clearer if a growth timeline was able to assuage investor worries about the impact on its margins from AI spending. Cramer has also discussed Microsoft Corp (NASDAQ:MSFT) several times over the past couple of months as he has expressed worries and concerns about the Copilot platform. However, the CNBC TV host has now changed his mind about the firm: “This is the complete re
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