Microsoft Corporation (MSFT): Cramer Gives Nadella Credit For the Company’s Rejuvenation

Microsoft Corporation (NASDAQ:MSFT)‘s CEO Satya Nadella have every reason to be proud of, while he addresses the first annual shareholders meeting today under his command. CNBC’s Carl Quintanilla discussed the tech giant’s turnaround under the new management with Mad Money’s Jim Cramer.

“Microsoft Corporation (NASDAQ:MSFT) said to hold its annual shareholder meeting later today, its first under CEO Satya Nadella. Since he took the top job ten months ago, the stock is up 30%, the market value increase $90 billion […],” reported Quintanilla.

The partnership of the geeky CEO, who is well versed with where technology is heading, from his more than 22 years of experience at Microsoft Corporation (NASDAQ:MSFT) and the current CFO Amy Hood, who worked at Goldman Sachs Group Inc (NYSE:GS) before joining Bill Gate’s darling in 2002, has worked wonders for the company. A portion of this miracle can be seen by in the numbers Quintanilla reported.

The other part of this miracle revolves around the failure of other companies like Hewlett-Packard Company (NYSE:HPQ) who have been trying to turn their business around using the same strategy i.e. offering cloud based and software services to enterprises, but have failed. The latest earnings report of Hewlett Packard is testament to that, in which the company’s revenues from both these divisions declined.

The story has been very different for Microsoft Corporation (NASDAQ:MSFT), and the credit for that goes to the company’s management. In fact JPMorgan Chase & Co. (NYSE:JPM) initiated the stock yesterday with a price target of $53 and the analysts there claimed that the company’s cloud business was still undervalued and Microsoft has an unparalleled enterprise exposure, as compared to other players operating in the industry.

 “[…] If you go through his [Satya Nadella] conference calls, the conference calls are about the rejuvenation of Microsoft as a cloud play, as a mobile play. I keep waiting for them to say Xbox, we don’t necessarily need it or they are going to nameplate it better, but Microsoft under Nadella has done a lot of stuff right […],” remarked Cramer.

Video Embed Size: 530 X 298 640 X 360

Free Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.