Fast Money Blog- 7/24/20

On Wednesday, July 22nd, Microsoft Corporation (MSFT) reported Q4 2020 earnings, ending May 31st. The company reported top-line revenue of $38 billion. On a year over year basis, MSFT earnings rose 7% while sales rose 13%.

Microsoft saw the most growth in it’s Intelligent Cloud Segment, whose revenue was $13.4 billion, a 17% increase over the same quarter last year.

The company also saw explosive growth in its gaming segment. Xbox content and services revenue grew $1.2 billion, an increase of 65%.

Over the last 52 weeks, MSFT stock’s range was $130.78 – $216.38.

At this growth rate I have to recommend MSFT as a good date and a strong buy.

Remember we are in the middle of earnings season and following top-line revenue is what we do in the Wealthy Investor program.

Tyrone Jackson, The Wealthy Investor

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