Microsoft: Its Overvaluation Finally Bites Back After The Pullback
MSFTMicrosoft(MSFT) Seeking Alpha·2024-08-10 22:00
Edin We previously covered Microsoft Corporation (NASDAQ:MSFT) (NEOE:MSFT:CA) in May 2024, discussing its robust FQ3'24 earnings call results, with the growing partnership with OpenAI and expansion of in-house AI capabilities delivering excellent Azure cloud results. Combined with the tailwinds from the new PC refresh cycle, we had continued to rate the stock as a Buy for those looking to dollar cost average at every dip. Since then, MSFT has rallied by another +11.4% to new heights of $460s, before dra ...