25 Stocks Jim Cramer Recently Shared Insights On

23. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 284

Microsoft Corporation (NASDAQ:MSFT) is one of the 15 stocks Jim Cramer recently shared insights on. During the episode, Cramer mentioned the stock and discussed its rare miss in January. He said:

“How did Microsoft, NVIDIA, and Meta manage to triumph, especially when all their stocks had hit some pretty hideous darn levels early in the quarter?… Well, why don’t we start with Microsoft? Here’s the story you used to be able to set your clock on. It revolved around business software and Azure, that’s the cloud computing business. In January, Microsoft shocked the world by missing Azure’s numbers. Yep, they blew the estimates. The division grew 31%, but the Street was looking for 31.9%.

Coming from a company that rarely misses and almost always guides up, this was seen as a stunning defeat, and the stock dropped over 6% immediately. Stock dropped from $442 before it reported to around $345 at its lows in April. But when Microsoft reported again at the end of April, their Azure business actually grew at a 33% clip. I know it seems like nothing, a gossamer… but it drove the stock right up to $500 at the end of the quarter. On less than two percentage points of growth, the stock added over $150 and hit the new high list… So, what did we discover? Microsoft doesn’t miss more than once.”

Microsoft (NASDAQ:MSFT) develops and sells software, cloud services, devices, and business solutions, and provides platforms like Office 365, Azure, LinkedIn, Windows, Dynamics, and Xbox.