MSFT Stock Prediction: Clouding Services Will Determine Microsoft’s Future
This article was written by Gabriel Rodan, a Financial Analyst at I Know First.
Summary:
- Growth driven by Cloud Services at 27% and Azure at 73% Growth at Azure.
- Strong balance sheet, fundamentals and future growth prospects justify rich valuation of 28 times earnings
- Consolidating near important technical levels within range of $123 and $131 after yearlong rally with possibility of continuation to upside
