MSFT Microsoft
Platforms & SoftwarePosition Summary
Shares
12
Avg Price
$372.06
Cost Basis
$4,465
Conviction
7/10
Investment Thesis
Azure at 25% cloud share with fastest growth among hyperscalers. Copilot monetisation accelerating. 36% net margins.
Key Arguments
Bull Case
Azure cloud growth + Copilot AI integration across Office, GitHub, Dynamics. Deepest enterprise relationship. Cash machine.
Bear Case
Capex spiral for AI infra. Antitrust concerns. Windows/Office secular decline risk.
What Would Make Us Sell
Azure market share drops below 20% or cloud growth decelerates below 20% for two quarters.