Jeff Auxier Comments on Microsoft Corp

In this article:

- By Holly LaFon

Microsoft Corp. ( NASDAQ:MSFT )

Microsoft has been transitioning away from personal computing and toward services, which now make up over 60% of revenues. Under the leadership of Satya Nadella the company has made huge strides in cloud computing. The Azure cloud business has been growing over 75%. Like many companies, their stock has taken a hit since reaching record highs in the fall of 2018, yet they have a fortress balance sheet with over $135 billion in cash and short-term assets and less than $70 billion in long-term debt. Microsoft had over $10 billion in free cash flow in their last quarter.


From Jeff Auxier (Trades, Portfolio)'s fourth-quarter 2018 market commentary.
This article first appeared on GuruFocus.


Advertisement