Continue to avoid the long side of GOOGL for now as a better buying opportunity may present itself in the next couple of months. Alphabet announced Thursday evening that they were cutting 12,000 jobs worldwide and the stock responded on the upside Friday. In this updated daily bar chart of GOOGL, below, I can see that the price of GOOGL has been creeping higher in recent days. Read More...
Motley Fool
Why Microsoft Stock Popped on Friday
Shares of Microsoft (NASDAQ: MSFT) inched 2.4% higher on Friday, through 11:25 a.m. ET, despite not one, not two, but three separate analysts deciding to lower their price targets on the tech giant ahead of its earnings report due out Tuesday. Tic-tac-toe, three in a row: Cowen & Co., Evercore ISI, and Citigroup all lowered their price targets on Microsoft stock, as ratings watcher The Fly reports today. Granted, all three bankers continue to recommend buying Microsoft stock ahead of the earnings report (which is probably why the stock is rising today).
