Morgan Stanley’s 10 Best Fresh Money Stocks To Buy

In its note to investors, Morgan Stanley painted a pretty picture of Microsoft Corporation (NASDAQ:MSFT). Analysts were very optimistic about the prospect of the tech giant, expecting significant improvement in the company’s revenue growth, improving margins, and capital returns during the next three years. They also believed Microsoft would emerge as a “public cloud winner” due to the popularity of its Azure cloud service. Morgan Stanley analysts eyed a 16% rally with a price target of $110.

Although Microsoft Corporation (NASDAQ:MSFT)’s 2017 rally extended into the first month of 2018, it lost steam after the February selloff. The stock quickly regained its balance but failed to stage another rally and succumbed to the general uncertainty in the market. Still, Microsoft shares have moved into green territory and are currently up by 9.15% since the announcement of the Fresh Money Buy List. Microsoft Corporation (NASDAQ:MSFT) reported fiscal third quarter results on April 26, easily beating analysts’ estimates. The tech giant registered $0.95 in earnings per share and $26.82 billion in revenue, topping projections of $0.85 EPS on the back of $25.77 billion in revenue. Among the highlights of the report was a 93% revenue growth from the Azure cloud service, down from the 98% rise reported in the previous quarterly report. Investors reacted to this development by pushing the stock lower on the following trading day.