Microsoft Corporation (NASDAQ: MSFT) is listed among the 15 Best Wide Moat Dividend Stocks to Invest in. TD Cowen maintained a Buy rating on MSFT despite softer Azure growth. In the latest quarter, Microsoft exceeded revenue forecasts, with $81.3 billion in revenue and $4.14 earnings per share. Azure revenue rose 39% despite capacity limits.
Microsoft faces challenges as demand outpaces available capacity, resulting in a backlog of $625 billion in future contracted revenue. While Azure growth may slow due to capacity constraints, revenue still rose 39% in the latest quarter. Microsoft continues to carefully manage capacity to meet demand across various segments.
Microsoft Corporation (NASDAQ: MSFT) develops and supports software, services, devices, and technology solutions across various markets. While MSFT holds investment potential, some AI stocks offer greater upside potential with lower downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond MSFT in the current market landscape.
Read more at Yahoo Finance: TD Cowen Keeps Buy on Microsoft (MSFT) Despite Softer Azure Growth
