The other day Microsoft Corporation that the use of its cloud services in areas with enhanced self-isolation increased by 775%. The news was a welcome signal to investors looking for something to hold on to as the market plunged into the abyss, and the company's share price surged 7%.
Monday also saw the introduction of a new version of Microsoft 365 that gives customers access to Teams for Consumers for private subscribers to collaborate remotely. According to the corporation's statistics, over the past month, the use of the Skype messenger has grown by 70% in a sequential comparison. Stifel analysts reported , are convinced of Microsoft's ability to benefit from the migration to cloud-based collaboration platforms in both the short and long term.
The host of the Mad Money column on the channel is also ready to recommend Microsoft shares for purchase Jim Cramer. He admits that a correction in the rate of corporate securities is inevitable, but even after that they will remain one of the most attractive on the stock market. Microsoft will benefit from a sharp influx of customers more than losses as a result of a looming recession in the global economy, according to Mad Money host.
Source: 3dnews.ru