One of the key takeaways from the note, titled, "CIO Survey Gives Confidence Secular Can Trump the Cyclical at Microsoft," was that, "Cloud computing, digital transformation and other software specific initiatives compose the top of the CIO priority list, and Microsoft appears well positioned to benefit."
Jim likes secular companies because, "Secular growth companies can grow regardless of what stage we're in...For this example I want to look at the Cloud space. We're talking Amazon (AMZN - Get Report) , Microsoft and Salesforce (CRM - Get Report) to name a few. We firmly believe that the Cloud represents the future of computing."
Microsoft, Amazon, and Salesforce are holdings in Jim Cramer's charitable trust portfolio, ActionAlertsPLUS.com.
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