Microsoft (MSFT) Offering Possible 23.46% Return Over the Next 29 Calendar Days

Microsoft's most recent trend suggests a bullish bias. One trading opportunity on Microsoft is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 23.46% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $175.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Microsoft is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Microsoft is bullish.

The RSI indicator is at 59.68 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

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LATEST NEWS for Microsoft

5 AI Stocks to Put on Your Watch List Amid Coronavirus Pandemic
Wed, 20 May 2020 08:10:08 +0000
The coronavirus crisis, which has disrupted many industries, may actually speed up the adoption of technologies like AI.

Microsoft Buys Softomotive To Boost Its Robotic Automation Offerings
Wed, 20 May 2020 07:46:42 +0000
Microsoft Corp. (MSFT) said it bought Softomotive, a provider of robotic software to automate tasks, in a move to bolster its desktop automation offerings.Terms of the deal weren’t disclosed. As part of the acquisition, Softomotive products, which are used by 9,000 global customers to help them automate business processes across desktop applications, will become part of Microsoft Power Automate.“So anyone can build a bot and automate Windows-based tasks,” Microsoft’s VC Charles Lamanna, said in a blog post.The combination of the two process automation solutions will also enable connectivity to many new apps and services including SAP and traditional green-screen terminal applications, he added.Softomotive’s WinAutomation platform will be freely available to Microsoft’s Power Automate users. Today, over 350,000 organizations use Microsoft Power Automate every month to help boost their productivity.Earlier this month, Microsoft said it signed an agreement to buy virtualized network software provider Metaswitch Networks to help boost its exposure to 5G and increase its offerings for the telecommunications industry. In April, it acquired Affirmed Networks, which focuses on cloud-native networking solutions for telecom operators and mobile carriers.Shares in Microsoft have surged 35% in the past two months and were trading at $183.63 as of the close on Tuesday.TipRanks data shows that overall Wall Street analysts are almost unanimously bullish on Microsoft’s stock. Twenty-one out of the 22 analysts have Buy ratings and 1 has a Hold rating adding up to a Strong Buy consensus.In light of this year’s rally, the $198.89 average price target provides investors with a mere 8.3% upside potential in the shares in the coming 12 months. (See Microsoft stock analysis on TipRanks).Related News: Microsoft Launches Cloud-Based Platform For Healthcare Organizations Microsoft, UnitedHealth Launch Back-to-Work Covid-19 Screening App Microsoft Buys Metaswitch For Cloud-Based Telecoms Move, 5G Expansion More recent articles from Smarter Analyst: * Zoom Suspends Free China Service As Trade Tensions Intensify * Unclear If President Trump Will Wear Mask At Ford’s Repurposed Factory Tour * Facebook Rolls Out Online Shopping Platform For Businesses * Roku Under Investigation By ITC For Universal Electronics Patent Infringement

Microsoft Launches Cloud-Based Platform For Healthcare Organizations
Wed, 20 May 2020 07:15:32 +0000
Microsoft Corp. (MSFT) is launching a cloud-based software solution which is tailored to provide a platform for the specific needs of healthcare groups.The tech giant’s first industry-specific cloud offering, also known as Microsoft Cloud for Healthcare, seeks to provide automation on high-value workflows, as well as combine deep data analytics to better connect health teams and improve collaboration, decision-making, and operational efficiencies.As such the cloud software solution will enable hospitals to collate data throughout an interaction with a patient, which will allow them to create individualized care plans, deploy secure virtual visits, chatbot assessments, and remote health monitoring.“Healthcare will be the first industry served with additional industry-specific clouds to follow,” said Tom McGuinness, VC of Wordwide Health at Microsoft.For now, Microsoft is making the healthcare cloud platform available through a free trial for the next six months.The offering come as Microsoft just announced a collaboration with UnitedHealth Group (UNH) for an everyday free screening app for coronavirus symptoms as more and more employers are planning to reopen their businesses and are subject to stringent health requirements.The tech giant said it is already working closely with health system providers from organizations like Accenture, KPMG, and Nuance to co-develop new solutions with leaders in their respective sectors like Humana, Providence, Novartis, and Walgreens Boots Alliance.Five-star analyst Alex Zukin at RBC Capital raised Microsoft’s price target to $200 from $196 and kept his Buy rating on the shares after hosting meetings with investors.Zukin said that although Microsoft will not be immune to macro demand trends, its broad product portfolio should benefit from increasing cloud demand as more companies seek to adopt its cloud and collaboration offerings to better enable remote work, disaster recovery, and flexibility. Zukin expects Microsoft's revenue and gross profit growth to accelerate as Azure and Office 365 expand within its sales mix.TipRanks data shows that overall Wall Street analysts are almost unanimously bullish on Microsoft’s stock. Twenty-one out of the 22 analysts have Buy ratings and 1 has a Hold rating adding up to a Strong Buy consensus. The $198.89 average price target provides investors with 8.6% upside potential in the shares in the coming 12 months. (See Microsoft stock analysis on TipRanks).Related News: Microsoft, UnitedHealth Launch Back-to-Work Covid-19 Screening App Microsoft Buys Metaswitch For Cloud-Based Telecoms Move, 5G Expansion Apple is Said to Snap Up Startup NextVR For Virtual Reality Content; Top Analyst Sees Buying Opportunity More recent articles from Smarter Analyst: * Zoom Suspends Free China Service As Trade Tensions Intensify * Unclear If President Trump Will Wear Mask At Ford’s Repurposed Factory Tour * Facebook Rolls Out Online Shopping Platform For Businesses * Roku Under Investigation By ITC For Universal Electronics Patent Infringement

US and Chinese cloud companies vie for dominance in south-east Asia
Wed, 20 May 2020 03:00:49 +0000
During last year’s Ramadan, Tokopedia made more sales in a single day than it had in its entire first six years of operation. To cope with the surge in traffic, Indonesia’s largest online shopping company turned to Google and Alibaba to run its Ramadan event through their cloud servers. Herman Widjaja, a senior vice-president of engineering at Tokopedia, argued that using both companies minimised the risk of its website and app crashing at such an important moment.

Facebook to Limit Offices to 25% Capacity, Require Masks at Work
Wed, 20 May 2020 00:21:45 +0000
(Bloomberg) — Facebook Inc. will limit offices to 25% occupancy, put people on multiple shifts and require temperature checks when it lets employees back into workplaces beginning in July, according to people familiar with the matter.The social media company outlined to staff globally how it plans to handle a return to major job sites starting July 6, providing a glimpse at what offices may look like more broadly when businesses reopen their doors in the face of the coronavirus pandemic.Facebook will also limit how many employees can gather in meeting rooms, create 6-foot spaces between work stations, replace cafeteria buffets with grab-and-go meals and initially keep office gyms closed, according to the people, who asked not to be identified discussing company internal policy. The Menlo Park, California-based company also will bar outside visitors initially.Staff must wear masks in the office when not social distancing, and in some locations, masks will have to be worn at all time while working. Facebook doesn’t plan to test employees for Covid-19, but it may do so in the future once quicker testing becomes more readily available, the people said.Facebook also is working to create a way to social distance on its shuttle buses, which are used by many Bay Area employees to get to the offices. The company declined to comment on its plans.Major technology companies, including Facebook, Alphabet Inc.’s Google and Microsoft Corp. were among the first to close offices and send their workers home as Covid-19 began to spread in early March, particularly along the West Coast where the companies have their headquarters.Facebook announced earlier this month that employees who are able to work remotely can do so through the end of 2020. While major offices will open in early July, some, such as in Asia, plan to let workers in earlier.Not all staff can work remotely. Employees working on hardware, operations, or other tasks that aren’t possible at home will be asked to return to the office, the people said. In the Bay Area, local governments just relaxed shelter-in-place rules for employees who can’t work from home. Facebook may ask some hardware employees to return to the offices before July 6 as long as they are willing and abide by the new policies being put in place, one of the people said.Facebook already has canceled events through mid-2021. Chief Executive Officer Mark Zuckerberg has said he doesn’t want employees who can work remotely clogging up public infrastructure, like buses or subways, for people who don’t have the option to work from home. Twitter Inc., has told staff they can work remotely “forever,” while Amazon has disclosed an October return-to-work date. Apple Inc. has told employees it will start bringing more workers back to the office in phases beginning in late May or early June.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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