Jim Cramer Discusses These 10 Stocks & Comments On OpenAI’s Valuation

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders In Q3 2024: 279

Microsoft Corporation (NASDAQ:MSFT) is a software firm that can’t seem to catch a break. Its shares lost 3.7% during the second half of 2024, and they have maintained the downward trend this year as the stock is down by 0.84% year-to-date. Most of Microsoft Corporation (NASDAQ:MSFT)’s troubles stem from weakness in its cloud computing business and tepid growth numbers in its latest earnings led the stock to drop by 6% afterward. However, some quarters believe that while Microsoft Corporation (NASDAQ:MSFT)’s AI cloud is performing well, it’s the broader weakness that’s driving the stock. Cramer, on the other hand, is concerned with the firm’s valuation:

“No, but when I look at Microsoft, I say do I wanna be in Microsoft where I don’t get upside? Or do I want to be in Apple where I sense I can make a curve which says this service stream could really explode and India is going to be gigantic.”