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Barchart
Larry Ramer

Microsoft Has More Irons in the Fire and Continues to Be an Attractive Big Tech Name

Microsoft Stefan Slowinski Azure BNP Paribas OpenAI

Microsoft (MSFT) continues to be among the big winners from the artificial intelligence (AI) boom, as its Azure cloud infrastructure unit is growing very rapidly as a result of the proliferation of AI. Based on a note recently issued by French investment bank BNP Paribas, it appears Azure's growth is well positioned to significantly accelerate in the medium to long term, providing MSFT stock with a powerful, positive catalyst.

With the tech giant also posting strong overall financial results and changing hands at an attractive valuation, I continue to recommend that investors looking for increased exposure to Big Tech consider buying Microsoft stock.

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