Jim Cramer’s Opinion on 5 Stocks Like Amazon and Walmart

2. Microsoft Corporation (NASDAQ:MSFT)

Microsoft Corporation (NASDAQ:MSFT) was among the stocks Jim Cramer shared his opinions on during Mad Money. Cramer noted that the company is being traded like an enterprise software play, as he said:

Microsoft, such a hallowed stock, usually trades with the Mag Seven, but lately, it’s traded with the… enterprise software plays. I think these low prices were a gift, and now we’re finally getting a balance. We are going to try to hold on to Microsoft for the Charitable Trust.

Microsoft Corporation (NASDAQ:MSFT) develops software, hardware, and cloud-based solutions. The company provides products like Windows, Azure, Office, LinkedIn, and Xbox. Cramer highlighted the stock’s decline during Q2 on June 30. He remarked:

We need to go over what the heck happened to these losing stocks in the month of June, then we’ll review all the winners for the quarter. Some of these Mag Seven declines, they are just hideous. The stock of Microsoft, for example, shed over 17% of its value this month, losing over a half a trillion dollars in market cap. Even though it has a decent cloud business, that’s not enough to make up for its core software exposure. Wall Street has no use for the software right now. Put aside this false narrative. Software’s a real good business.

If Microsoft wants to reverse its fortunes, it needs to do something bold like acquiring OpenAI if that company can’t come public because of its severe losses. Microsoft has a stake in the company. It can make the trade happen. That would allow it to scrap Copilot and replace it with uber popular ChatGPT. Or it can break itself up into extremely lucrative parts. Yes, Azure, the cloud computing business, Microsoft business-to-business software, Microsoft’s consumer software, Microsoft cybersecurity, video games, LinkedIn, all best in field. Listen, after a 17% loss in a month, these guys would be crazy to keep doing what they’ve been doing.