107163536-1670525525395-gettyimages-1211180733-200422_tfea_pht19.jpeg

Microsoft’s slight earnings beat won’t get us off the sidelines

Thomas Trutschel | Photothek | Getty Images

Microsoft (MSFT) delivered better second-quarter results than many on Wall Street anticipated, initially sending shares soaring in afterhours trading. But the stock retreated after management announced softer-than-expected guidance for the technology giant’s third quarter — underscoring our decision to remain sidelined buyers for now.


Source link

Tags: No tags

Leave A Comment

Your email address will not be published. Required fields are marked *