Microsoft Soars to New Highs as Cloud Strength Powers Earnings Beat and Bullish 2023 Outlook
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Microsoft is a Dow Jones and IBD 50 market leader with strong earnings growth.
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The software giant beat fiscal Q1 estimates and raised guidance thanks to its cloud business.
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MSFT stock is approaching a new buy point amid a potential 9-day win streak.
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With a 97/99 Composite Rating, Microsoft boasts accelerating growth and powerful stock gains in 2023.
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Shares broke out past a 340.86 double bottom buy point and are forming a cup base.