Cramer Reassures on Microsoft Urgency as Shares Soar 4.6%
Jim Cramer noted reassurance in Microsoft's sense of urgency amid a 4.6% share rally on April 17, framing it as a rotation from leaders to laggards. This follows his April 13 Mad Money critique that growth lags due to AI competition from Amazon and private firms, with shares down from a July 2025 peak of $555 and up just 5% over the past year near $370. Earlier warnings highlighted SpaceX IPO risks potentially pressuring prices to $325, contrasted by Benchmark's April 1 Buy rating at $450 target. The progression signals shifting sentiment from downside fears to rotational upside potential.