We recently published 14 Stocks on Jim Cramer’s Radar. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks on Jim Cramer’s radar.
Microsoft Corporation (NASDAQ:MSFT) is a key player in the AI software industry and one of the largest technology companies in the world. The shares are up by a modest 8.2% over the past year and are flat year-to-date. Mizuho reduced the firm’s share price target to $620 from $640 and kept an Outperform rating earlier this month, according to The Fly. The reduction came as part of broader coverage of the software sector in this earnings season, with Mizuho pointing towards AI-led disruption as one cause for worry. Citi also cut Microsoft Corporation (NASDAQ:MSFT)’s share price target in January. It reduced the target to $660 from $690 and kept a Buy rating on the shares. The bank discussed its partner and channel checks to comment that while Microsoft Corporation (NASDAQ:MSFT)’s Azure business remained strong, weakness in the PC market was affecting its other businesses. Cramer acknowledged the weakness, discussed AI, and expressed confidence in Microsoft Corporation (NASDAQ:MSFT)’s management:
Photo by Microsoft Edge on Unsplash
“David, I don’t know what to do with ServiceNow, I don’t know what to do with Adobe, with Workday. And yesterday it happened for the first time, Microsoft, it can be beaten by Anthropic, I don’t believe that but that’s why that stock was down so much.
While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
finance.yahoo.com
#Jim #Cramer #Torn #Microsoft #MSFT
