Microsoft a Standout Amid Old Tech Slump
By Tarikul in Business
Updated 3 years ago
Investing.com -- Not all legacy tech is disappointing today. While IBM (NYSE:IBM) and Intel (NASDAQ:INTC) are trading lower, Microsoft (NASDAQ:MSFT) is up 2% on a Goldman Sachs (NYSE:GS) buy initiation and a Morgan Stanley (NYSE:MS) high conviction call. Microsoft's cloud business is well-positioned to double in value, according to Goldman.
