$Microsoft(MSFT.US)
Background: Microsoft rose 4% last Friday and crashed through the resistance lines finally.
My trade: At $397, I'm not buying Microsoft as a cheap value stock. I'm paying for continued Azure/AI growth and the strength of the Microsoft 365 ecosystem.
Takeaway: I would hold the $397 position and let it compound.
The entry is good enough that I wouldn't be eager to sell simply because MSFT has already recovered. The target price is $600.
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