HSBC pegs Microsoft as a future revenue-growth outperformer as analyst upgrades the stock
Microsoft Corp. grew revenue more slowly than the overall software sector in the company’s last fiscal year. The trend could be about to flip.
Don’t miss: Microsoft ‘has taken the AI mantel from Google’—and now it’s coming for Amazon in the cloud “We think that cloud and AI are strong cycles to which investors should consider exposure and that Microsoft has high exposure to both of these fast-growing subsectors,” Bersey added. “Moreover, we think that these cycles are poised to be a tailwind for the decade and think that many different product lines within Microsoft’s large portfolio are poised to benefit, not just Azure and Office.”
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