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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Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
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Performance for February & 4 stocks we like here and now
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Thursday 28th March – DOW up +477pts, SPI up +60pts
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