Vetr Crowd Slightly More Bullish On Microsoft - Microsoft (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN)

Shares of Microsoft Corporation MSFT remain within striking distance of their 52-week high of $56.23.
The Vetr crowd turned incrementally bullish on Microsoft by upgrading their rating to 3.5-stars out of a possible five from a prior rating of just three-stars.
Microsoft remains a popular stock among the Vetr crowd as more than five percent of the crowd are holding Microsoft in their watch-list.

Shares of Microsoft have gained approximately 20 percent since the beginning of 2015, outperforming the broader indices but underperforming compared to several large-cap tech stocks such as

Netflix, Inc.AMZN

that delivered a triple-digit percentage return over the same time period. The Vetr crowd on Tuesday

turned incrementally bullish

on Microsoft's stock by upgrading it to 3.5-stars out of a possible five-star rating. This marks the second upgrade in Microsoft's stock over the past week as the prior three-star rating was issued just four days ago. Despite the two recent upgrades, 73 percent of the crowd's ratings remain bearish. The crowd-sourced price target of $58.53 implies a modest potential upside of 5.37 percent. A member of the crowd,

Adam Rahim, pointed out that Microsoft's quarterly earnings are "sure to surpass those of previous years," especially following the release of a new set of laptops while Xbox consoles remain a holiday favorite. The sentiment was shared by another member of the crowd, Eric Hanson, who expects Surface products will perform "very well" over the US holiday shopping season.

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