Microsoft Stock Forecast (NASDAQ: MSFT): Alibaba And Tencent Can Slow Down Microsoft Azure
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Microsoft Stock Forecast
Summary:
- I Know First has pessimistic market trend forecasts for Microsoft’s stock. Investors should do profit-taking while this stock still trades above $90.
- Microsoft’s recent management team shake-up is not inspiring investors to rally behind the stock.
- I can explain this algorithmic bearishness to Microsoft’s inability to dislodge Amazon Web Services’ leadership in cloud computing infrastructure services.
- Based on most-recent quarter signals, hedge fund managers have a very negative sentiment over Microsoft. No real revenue/profit numbers for Azure is discouraging.
- Azure is unlikely to gain a foothold in China’s $103 billion cloud computing industry. Alibaba Cloud will dominate China and threaten current global leaders.