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Fast Money Halftime Report Traders Think That Microsoft Is Going Higher


On CNBC's Fast Money Halfitme Report, Jon Najarian said on the show that he loves what Satya Nadella is doing in Microsoft Corporation (NASDAQ: MSFT). He also likes the stock and he has a long position.

Jim Lebenthal believes that the stock is probably going higher, but he likes Cisco Systems, Inc.(NASDAQ: CSCO) and Intel Corporation (NASDAQ: INTC) better.

Joe Terranova thinks that it is important that Microsoft managed to break above $50, which was a resistance for a long time. He added that it can go to $60 and ultimately it can jump to $70.

Josh Brown said that Microsoft Azure is growing faster than Amazon web services. The stock hasn't re-entered the gap higher that happened on earnings, so tactically it looks good, added Brown.


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Posted-In: CNBC Jim Lebenthal Joe Terranova Jon Najarian Josh Brown Fast MoneyIntraday Update Media