Jim Cramer's 2 Cents on the Microsoft-$55 Call

Jim Cramer thinks Microsoft shares may have more room to run.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer thinks Microsoft (MSFT) - Get Report shares may have more room to run. He says the stock's upgrade from analysts at Cowen signals that its cloud and PC business, two areas that were soft last quarter, may have improved. This could send shares to $55. The stock currently trades near $51.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.