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Today, Jason Snipe, CIO, Odyssey Capital Advisors and Bryn Talkington commented about whether DELL, XOM, V, AMD, MSFT, GOOG, ABBV are stocks to buy or sell.
It beat top and bottom line. Sentiment was negative, so that set a low bar that they beat. You're starting to see the benefits of their AI capex with cloud revenue up 35% and the core search business is okay. Is not surprised that shares are up (over 5%) this morning without pulling back. Institutional buyers will re-enter this name.
They beat top and bottom and raised guidance. A nice quarter. Their key drugs were way up. They have a strong pipeline.