Microsoft (MSFT US) surged over 4% overnight following its quarterly results eclipsing analyst expectations as cloud revenue soared by 36%. MSFT is the dominant force in the race for cloud domination which can only be huge positive In our opinion, the next time we see this behemoth get dragged down 10-20% due to a weak broad market we believe it will represent another excellent long-term buying opportunity.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM remains bullish MSFT
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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