TheStreet Pro Portfolio Buys 43 Microsoft Shares at $370, Lifts Stake to 473

1 articles · Updated · TheStreet · Jun 26

43 Microsoft shares will be bought at about $370.83, raising the Pro Portfolio’s holding to 473 shares worth roughly 2.9% of assets.
The move follows a pronounced pullback in MSFT, which the portfolio said improved the risk-reward setup enough to add for long-term growth despite expecting near-term volatility.
Microsoft still faces technical resistance starting near $400, so the purchase was kept small, and the portfolio cut its checkpoint on the stock to $345 from $360.
The longer-term case rests on AI-driven cloud demand, with Micron’s supply-demand comments and expected actions by Samsung and SK Hynix seen supporting digital infrastructure spending.
Microsoft’s $627 billion in remaining performance obligations at the end of March is also expected to convert into revenue over coming quarters, supporting cloud growth and margin recovery.