Tag: Evecore ISI

  • Why It May be Best to Wait for Microsoft to Pull Back

    Why It May be Best to Wait for Microsoft to Pull Back

    Microsoft (MSFT) has been unstoppable. After bottoming out around $280, the tech stock just gapped to $325.70. All thanks to its latest batch of earnings. Revenues were up 22% to $45.3 billion.  Operating income jumped 27% to $20.2 billion.  Net income came in at $20.5 billion GAAP, and $17.2 billion non-GAAP.  Both were up 48%…