Microsoft freight train continues to scroll straight through Dow 30.
<p class = "can-cano text-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = " text "content =" Microsoft's ( MSFT ) share showed 2% on Friday after another much better than expected quarter revenue came in at $ 1
The tech giant impressed Wall Street thoroughly, which has become the norm under the leadership of CEO Satya Nadella. Microsoft's Intelligent Cloud sales increased by 14%, LinkedIn sales increased by 25% and Office Commercial and Cloud sales increased by 14%.
Tech geek Nadella made a new optimistic earnings call with analysts and took care of marking Microsoft's ever-increasing cloud contract.
Investors were obviously thrilled: The solid quarter and optimistic conference call drove Microsoft to $ 1.06 billion in market coverage. And many around Wall Street believe that the good times for Microsoft are likely to continue as companies click on it for cloud services, and consumers continue to be on Windows. Street also continues to be impressed by Microsoft's unknown ability to keep costs at bay while growing so fast.
<p class = "canvas-textile textile Mb (1.0em) Mb (0) – sm Mt 0.88) – sm" type = "text" content = "" The growth looks very good, "said the CFFA analyst John Freeman at Yahoo Finance's " The First Trade ." Freeman – Recognizing the company looks quite unstoppable right now – said it's not out of wealth of opportunities that one year from now omits a financial downturn Microsoft is valued at nearly $ 1.3 billion. "data-response time" "20"> "Growth looks very good," said CFFA analyst John Freeman at Yahoo Finance's "The First Trade." Freeman – Recognizing the company looks quite unstoppable right now – said it's not out of the world of opportunities that a year from now ended an economic downturn Microsoft is valued at nearly $ 1.3 billion.
Company data center and cloud-based businesses – Office 365, Azure, LinkedIn – generate at least 50% of Microsoft's revenue, Freeman measures, as he calls "truly impressive."
With regard to basics, Freeman said: "Microsoft is turning on all cylinders now."
"We remain at the beginning of public shoot, in our opinion, expecting Microsoft to continue to benefit from its hybrid strength and long-term business relationship," Credit Suisse analyst Brad Zelnick wrote. The analyst maintained his performance rating and $ 155 pricing target at Microsoft.
<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Brian Sozzi is an editor of great and intercourse at The First Trade at Yahoo Finance Follow him on Twitter  @BrianSozzi "data-reactid =" 24 " > Brian Sozzi is a large and co-editor of The First Trade ] at Yahoo Finance. Follow him on Twitter @BrianSozzi
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