Diamonds and Dogs
Boeing (BA) bucks the trend and keeps moving higher. Boeing (BA) is up 3% today to a 10 month higher as orders and business slowly comes back. An analyst at Baird upgraded the stock yesterday with a $250 price target expecting blowout deliveries in December.
Microsoft (MSFT) lower on a downgrade (MSFT). On Azure, the analyst said the company's growth engine is entering a "steep growth deceleration" that could be worse in 2023 and 2024 than investors are expecting. Microsoft Office suite software is also witnessing a slowdown. Other than that, things are great.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.