Unstoppable Microsoft: Breaking Records and Beating Rivals in FY24 - Is $400 in Sight?

GMBStaff

 19 Nov 23

tl;dr

Microsoft's strong start in FY24, marked by significant growth and margin expansion in every segment, indicates immense opportunities across its business. Despite Sam Altman's departure from OpenAI, which may incite near-term stock pressure, Microsoft's long-term prospects remain unparalleled....

Microsoft's strong start in FY24, marked by significant growth and margin expansion in every segment, indicates immense opportunities across its business.

Despite Sam Altman's departure from OpenAI, which may incite near-term stock pressure, Microsoft's long-term prospects remain unparalleled. With continued market-beating returns anticipated, a Buy rating is reiterated.

This positive trajectory underscores Microsoft's solid performance and bullish outlook, as it continues to surpass its rivals and lay the groundwork for a $400 milestone.

Despite potential short-term turbulence, the company's unwavering path to success and overall resilience should not be underestimated.

The evident potential for both short-term and long-term gains validates the confidence in Microsoft's enduring market strength.