We recently published Jim Cramer Discussed These 12 Stocks & Wondered Whether He Should Melt Silver. Microsoft Corporation (NASDAQ:MSFT) is one of the stocks that Jim Cramer discussed.
Along with Meta, software giant Microsoft Corporation (NASDAQ:MSFT) also reported its earnings as January ended. However, unlike Meta, the shares closed lower following the report. Ahead of the earnings, Cramer was cautious about the firm but continued to cite faith in its management. After the report, RBC Capital kept an Outperform rating and a $640 share price target. Even though the shares dipped, the financial firm commented that Microsoft Corporation (NASDAQ:MSFT) had executed well in the quarter and had a sizable footprint in the AI and cloud computing industries. However, unlike RBC, Cramer is skeptical about the AI initiatives. In his extensive commentary, the CNBC TV host wondered whether Copilot was gaining traction and continued to heap praise on Microsoft Corporation (NASDAQ:MSFT)’s management:
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“You went there and that’s where I was going to go. 15 million people and they’re proud of CoPilot? They have 1.5 billion users what is that about 1% of the people. This was a reality call, and the reality call was like, look all these things you guys have been adding, you force fed them to us, my partner, Ben said, go CoPilot, it drove him to a Dell homepage. This thing is not working, they won’t accept that. We don’t use Copilot. They will find some companies that do use Copilot, they use Copilot. But David, the spend, if you allocated it, they say if you allocated it more to Azure less to Copilot, it would have been fine, Azure would have grown. Are you going to buy into that?
