Microsoft (MSFT) “Is More Vulnerable Than People Realize,” Says Jim Cramer

We recently published 12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley’s Comments. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer recently discussed.

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Microsoft Corporation (NASDAQ:MSFT) is one of the biggest software companies in the world. Its shares dipped slightly earlier this week after another IT outage, which the firm blamed on China. Cramer discussed the outage and shared that Microsoft Corporation (NASDAQ:MSFT) is opaque when it comes to such events:

“Because people did not know once again the vulnerabilities. And you can’t figure it out yourself because Microsoft is a little opaque. Now I have criticized Microsoft on this stuff. I don’t want to go there. Microsoft is a really powerful organization. You have to have their side. I don’t have their side. . . .

“[On whether the frequency of high profile attacks was getting less] No I think one of the things that we have to recognize is that, there’s a lot of these bad corporations that do this stuff. We have to recognize that Iran is very good at this. We have to recognize that Russia is very good at this. . .Because if you call Microsoft it isn’t like Microsoft trying to do a patch. Microsoft’s frantically trying to do a patch. These guys are frantically getting customers. Now it’s interesting, the hack was July 19th, Microsoft. What was July 19th? That was the day last year, eight million computers shut down because of a glitch of Crowdstrike. . . The anniversary! What goes around comes around. But Microsoft is more vulnerable than people realize. But you know what, go ahead and say that. Go ahead and say that. See if Microsoft doesn’t respond aggressively that you don’t know what you are talking about.”

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Disclosure: None. This article is originally published at Insider Monkey.