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2021-06-26

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Microsoft: Poised for More Cloud Boosted Growth

Microsoft (MSFT) stock has been hitting new all-time highs this week. The tech giant has also clocke

Microsoft: Poised for More Cloud Boosted Growth

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The tech giant has also clocke","content":"<div>\n<p>Microsoft (MSFT) stock has been hitting new all-time highs this week. The tech giant has also clocked another landmark achievement, becoming the second company apart from Apple to reach a market cap ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/microsoft-poised-for-more-cloud-boosted-growth/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft: Poised for More Cloud Boosted Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft: Poised for More Cloud Boosted Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/microsoft-poised-for-more-cloud-boosted-growth/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) stock has been hitting new all-time highs this week. The tech giant has also clocked another landmark achievement, becoming the second company apart from Apple to reach a market cap ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/microsoft-poised-for-more-cloud-boosted-growth/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.tipranks.com/news/article/microsoft-poised-for-more-cloud-boosted-growth/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146036830","content_text":"Microsoft (MSFT) stock has been hitting new all-time highs this week. The tech giant has also clocked another landmark achievement, becoming the second company apart from Apple to reach a market cap exceeding $2 trillion. However, where Apple’s performance year-to-date has underwhelmed, Microsoft’s display has been typically sure-footed.\nIt’s a big milestone week which also saw the unveiling of the latest version of the Windows operating system - Windows 11.\nThese events aside, Wedbush’ Daniel Ives thinks the company is on the cusp of further growth due to how well it is positioned to reap the benefits of a continuous shift in businesses’ behavior.\n“Our recent June quarter checks for Microsoft upticked yet again as the Azure cloud growth story is hitting its next gear of growth in Redmond,” the 5-star analyst said. “We are seeing deal sizes continue to increase markedly as enterprise-wide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud driven architecture.”\nThe deal activity, says Ives, is indicative of a strong June quarter and also goes against the Street's view that cloud growth should moderate following a 16-month WFH cycle. And heading into Microsoft’s new fiscal year (FY22), Ives says the “deal flow” looks robust, especially for Office 365/Azure combos.\nIn fact, Ives thinks only 35% of Microsoft’s “unparalleled installed base” has so far transitioned to the cloud. The analyst forecasts enterprise workloads on the cloud will grow from 40% at present to 45% by the end of the year and further increase to 55% by 2022.\nWhile this shift is good news for other giants with cloud-based solutions – Amazon’s AWS, Google and IBM – it “disproportionally benefits the cloud stalwart out of Redmond, as Nadella & Co. are so well positioned in its core enterprise backyard to further deploy its Azure/Office 365 as the cloud backbone and artery.”\nAccordingly, Ives rates MSFT shares an Outperform (i.e. Buy) along with a $325 price target. The figure suggests the shares have room for additional growth of ~23% over the following months. \nOverall, Microsoft stock is of a unique breed, a mega-cap with the Street’s full support; all 26 recent ratings are to Buy, naturally coalescing to a Strong Buy consensus rating. With the average price target clocking in at $298.81, the analysts predict ~13% of share appreciation in the year ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":838,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}