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Why Microsoft looks attractive: Garnry
Saxo Bank's head of equity strategy Peter Garnry is impressed with Microsoft's Q4 earnings. He says that they are much better than expected.
Garnry highlights the strong performance of Microsoft Azure and he thinks that the company's unearned revenue figure looks particularly strong.
The company did miss the target of one billion Microsoft 10 users, but Garnry says that the price earning is not high given the return on invested capital. He thinks the stock looks attractive and says that the share price could reach $60.
01:36 minutes
Tags: amazon, earnings, microsoft, microsoft azure, microsoft share price, microsoft shares, performance, peter garnry, peter garnry saxo bank, saxotradergo, tradingfloor.com saxo bank
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