In Jim Cramer's exclusive monthly Members Only Call for ActoinAlertsPLUS.com back in November he told members, "a secular trend is what I'm looking for. It's one that isn't tied to the business cycle. Secular growth companies can grow regardless of what stage we're in. You always hear people say, 'Hey, we're in the late stage or the late cycle.' Not if it's secular. For this example I want to look at the Cloud space. We're talking Amazon, Microsoft and Salesforce to name a few."
This view aligns with what Real Money reporter Kevin Curran told TheStreet's Katherine Ross, "one of the big things that I was looking at earlier, with IBM as well, is their cloud growth. Azure has been a huge product for them and their 365 services. That'll be a major play for them to show that they can continue to grow."
Listen to the full podcast below for more on what pay attention to when Microsoft reports earnings tomorrow, as well as what to expect from the other big tech names reporting this week, including Facebook, Paypal, Amazon.