RBC Capital Reiterates Outperform Rating on Microsoft Corporation (MSFT)

Microsoft Corporation (NASDAQ:MSFT) is among the 12 Most Profitable NASDAQ Stocks to Buy Right Now. On January 29, RBC Capital reiterated its Outperform standing connected the banal with a stock terms people of $640.

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According to a CNBC report, the steadfast noted the company’s caller quarterly results, with revenue, earnings, and operating margins beating estimates. The expert noted that portion the results did not transcend ‘elevated expectations’, further maturation and borderline upside are expected arsenic Microsoft continues to leverage AI effectively.

Analysts led by Rishi Jaluria further added that Microsoft Corporation (NASDAQ:MSFT) remained the firm’s apical large-cap pick. RBC was quoted arsenic saying the pursuing successful a probe enactment to investors:

“All in, a beardown 4th with coagulated execution and improving visibility. MSFT’s AI footprint and unreality maturation stay underappreciated, successful our view, and we would beryllium buyers connected the pullback.”

Based connected the recommendations of 34 analysts, Microsoft Corporation (NASDAQ:MSFT) is simply a Strong Buy, with a one-year mean stock terms people of $603.95, representing a 40% upside arsenic of the adjacent connected January 30.

In different news, a study connected Wednesday said that Microsoft had held talks to put astir $10 cardinal successful OpenAI. The company, a longtime backer of the ChatGPT maker, declined to remark connected the matter, Reuters reported.

Microsoft Corporation (NASDAQ:MSFT) develops software, services, devices, and cloud-based solutions and is renowned for products specified arsenic Windows, Azure, Office, LinkedIn, and Xbox.

While we admit the imaginable of MSFT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.