Microsoft Corp.Long
MSFT to $485 by 12/31
2024 year-end santa rally over next 2 weeks should push MSFT above ATH of $470 to hit the weekly RSI top of $485 by 12/31. I may be slightly off on timing, but the price target is very valid. The fundamental thesis around MSFT is that it should continue making new all time highs as it starts to reap the benefits of its investment in AI software.
AI software will be the next phase of growth stemming from the hundreds of billions spent on AI hardware.
AI software will be the next phase of growth stemming from the hundreds of billions spent on AI hardware.
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