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Three tech names you know hitting highs and propping up Wall Street today.
After reporting before the bell shares of Amazon Microsoft and think -- higher sending the NASDAQ index to thirteen year highs.
And keeping the rest of Wall Street contract for three straight weeks of gains.
The one surprise in this group is -- The company most famous for its popular.
Game farm bill.
Has been cutting costs and slashing jobs -- the stock hit its all time high way back in March 2012.
Still the company's third quarter cent loss was better than us -- -- loss forecast by analysts.
But never -- stock of the day you have to be Amazon it shares hitting an all time high after reporting better than expected sales growth in North America.
And strong momentum going into the US holiday -- But not everyone's impressed.
It's been a great -- -- anybody whose -- on nothing but to walk it but.
Fundamentally speaking we have an issue with the company because they don't manufacturer anything they have no profit margins of an African -- not any profit.
And you can't forget Microsoft the IT giant cruise past estimates and is up over 34%.
Microsoft surprise a lot of people I think a lot of people very Microsoft for dead and they've really did surprise so I think Microsoft's one of those names right now Cheryl.
Where if you don't know I don't know that you wanna jump in and not be looking for any pull back to get into the name they got a new CEO -- -- -- -- next year that could be another catalyst for the stock with current valuations I'd like Microsoft right here.
But despite any of Wall Street analysts' upgrades you can't discount the risk a lot of people bullish on Microsoft again it's a turnaround story so you wanna be careful and if you're conservative investor I think there's better picks out there.
For more log on to foxbusiness.com.
In New York I'm Lori Rothman.
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