Goldman Sachs Has 4 Buy-Rated Conviction List Tech Stocks With Big Upside Potential

Microsoft’s Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center and related Client Access Licenses. GitHub provides a collaboration platform and code hosting service for developers, while Nuance provides health care and enterprise AI solutions, and Azure is a cloud platform. It also offers enterprise support, Microsoft consulting and nuance professional services to assist customers in developing, deploying and managing Microsoft server and desktop solutions, as well as training and certification on Microsoft products.

The More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services and other Windows commercial offerings; patent licensing; and Windows Internet of Things.

This segment also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles and other devices; Gaming, including Xbox hardware and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. The company sells its products through OEMs, distributors and resellers, as well as directly through digital marketplaces, online stores and retail stores.

The software giant posted first-quarter fiscal 2023 numbers that beat Wall Street expectations on both the top and bottom lines, though cloud revenue came in lower than expected and the company’s quarterly guidance fell short of expectations as well. Microsoft plans to moderate its operating expense growth in the next few quarters until demand heats back up.

Microsoft stock investors receive a 0.88% dividend. Goldman Sachs team has set its price target at $335. The consensus target is $331.45, and shares closed at $314.00 on Wednesday.

Salesforce

This company was an innovator in customer relationship management software. Salesforce Inc. (NYSE: CRM) provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers.

The company’s service offerings include:

  • Sales, to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence and deliver quotes, contracts and invoices
  • Service, which enables companies to deliver trusted and highly personalized customer service and support at scale

Its Service offerings also comprise flexible platform that enables companies of various sizes, locations and industries to build business apps to bring them closer to their customers with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement.

Further Service offerings include:

  • Marketing, which enables companies to plan, personalize and optimize one-to-one customer marketing journeys
  • Commerce, which empowers brands to unify the customer experience across mobile, web, social and store commerce points
  • Tableau, an end-to-end analytics solution serving various enterprise use cases
  • MuleSoft, an integration offering that allows its customers to unlock data across their enterprise

The company provides its Service offerings for customers in financial services, health care and life sciences, manufacturing and other industries.

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