They went from 135 to 200 in a blink. wow.
while the forward P/E ratios aren’t as insane as the late 90s ones (100), they are kinda high but analysts see msft making a whole lotta money the next few years.
And I don’t know if that court case against them regarding the 10 Billion defense contract, once resolved and if in their favor will make it go even higher.
Microsoft Azure is winning the defense cloud wars. It seems defense is putting everything into Azure verses Amazon’s AWS. I’ve been on many meeting this past year with zero talk about AWS and all efforts concentrated on Azure. Gov Cloud and Secured Gov Cloud are all Azure.
They went from 135 to 200 in a blink. wow.
I think that is the reason.