Quick Read – MSFT’s Azure grew 40% and AI revenue hit a $37 billion annualized run rate while the stock trades at just 19 times forward earnings. – Capex nearly doubled to $31 billion, but operating cash flow grew 26% as Microsoft’s customers fund the AI buildout in real time. -…
irteen board members bought shares during the June dip, and commercial backlog surged 99% to $627 billion, locking in years of contracted revenue. – I keep hitting the buy button on Microsoft (NASDAQ:MSFT), and the June selloff only made me press it harder. When the tape dragged this stock down to $373 in June while the underlying business printed 18.3% revenue growth, my thesis stopped being a thesis and started feeling like a gift
I own this for the next twenty years of retirement income, through many cycles of noisy headlines. What pulls me back is boring in the best way. Microsoft sells the plumbing every enterprise on earth now depends on: Windows, Office 365, Azure, GitHub, Dynamics, LinkedIn.
Companies do not rip that stack out during a recession. They renew it, expand it, and pay more for it every cycle. That is the cash-flow utility I want anchoring my portfolio.