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Fast Money Halftime Report Traders Think That Microsoft Is Going Higher

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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