Stock price when the opinion was issued
One of his top-performing stocks. He targets $514. Very well-run company. Boasts solid moats in enterprise software and operating systems, which ensures recurring revenue and customer retention. Azure Cloud remains second only to AWS. The valuation may be elevated, but MSFT is good now for selling some calls given volatility. Keep the calls pretty sure, writing calls around $490-495.
Giant cashflow generator. Great dividend grower, though dividend's not big. Making new highs. Winner in cloud, lots of opportunity with Copilot. Great business platforms generate fees. He does have a significant underweight in tech, only about 7%. Expensive, but proved it can execute. Large-cap growth is one of the strongest areas of the market.
By far, the world's biggest software company. Scale advantage, defensive growth. Great exposure to long-term secular info-tech themes: digital transformation, cloud computing, business intelligence, AI, security. 70% of revenues are recurring. Mission-critical products. Strong incumbency advantage, big competitive moat.
(Analysts’ price target is $500.27)Sustainable EPS growth rate. Valuation is reasonable in view of growth prospects. Yield is 0.8%.