Jim Cramer on Microsoft: “Stock’s Been Punished By the Fact That Management Wants to Spend a Fortune on AI”
Microsoft Corporation (NASDAQ:MSFT) is one of the stocks Jim Cramer talked about. Cramer highlighted the stock’s downward trajectory from last year, as he stated: “How about Microsoft? Alright, this company’s been doing very well, but its stock’s been punished by the fact that management wants to spend a fortune on AI. Ever since Microsoft reported its latest quarter, the stock’s going pretty much straight down. How often do you get to buy the stock of Microsoft at $485 after it traded at $555 last summer ...