LND
businessneutral

Jim Cramer's Take: When to Buy Microsoft Stock

USAMonday, November 4, 2024
Advertisement
Every day at 10:20 a. m. ET, the CNBC Investing Club with Jim Cramer hosts a "Morning Meeting" livestream. Let's dive into what happened on Thursday. Tech stocks were down, with the Nasdaq and S&P 500 both losing ground. Microsoft and Meta Platforms led the decline after their earnings reports didn't impress investors. Jim Cramer suggested that Microsoft shares below $400 could be a good buy. The company had a strong quarter but gave a less optimistic forecast. Azure growth might slow down, and spending on artificial intelligence will continue. Microsoft's stock has been the worst performer among big tech companies this year, unlike Meta, which has seen a significant jump. Eaton and Linde also had mixed results. Eaton's sales missed expectations, and Linde's guidance was conservative. Jim will discuss these companies on "Mad Money. " Stocks mentioned in the rapid-fire session included Estee Lauder, SharkNinja, Merck, Bristol Myers, and Uber.
ubermicrosoftnasdaqcnbc investing clubbristolmyersjim cramer

Continue Reading...

Wall Street's New Favorite: Credo Technology's Skyrocketing SuccessWinter Warmth: Affordable Puffer Jackets for EveryoneHow Do Other Countries View Trump's Impact?Wall Street Giant Challenges Crypto's Wild WestSEC's Top College Football Teams: Who's Leading the Recruitment Race?A New Chapter for Provincetown's Crown & Anchor

Actions

flag content