Is Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 16 2024
0mins
Should l Buy MSFT?
Source: NASDAQ.COM
Overview of GLOV ETF: The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV), launched on 03/15/2022, focuses on low volatility stocks in developed markets and has attracted over $954 million in assets with a low expense ratio of 0.25%.
Performance and Comparison: GLOV has shown a return of approximately 20.71% over the past year; however, investors may also consider other ETFs like iShares MSCI ACWI and Vanguard Total World Stock ETF for potentially lower costs and risks.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MSFT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 407.780
Low
500.00
Averages
631.36
High
678.00
Current: 407.780
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services. This segment primarily comprises: Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of server products and cloud services, including Azure and other cloud services, SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs), and Nuance and GitHub; and Enterprise Services, including enterprise support services, industry solutions and Nuance professional services. The More Personal Computing segment primarily comprises Windows, Devices, Gaming, and search and news advertising.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AI-Linked Cloud Spending Boosts Tech Giants' Earnings
- Microsoft's Strong Performance: Microsoft reported adjusted earnings of $4.27 per share for its fiscal third quarter, with revenue hitting $82.89 billion, while Azure revenue surged 40%, indicating robust competitiveness in the cloud sector and sustained growth expectations.
- Google Cloud Revenue Surge: Alphabet's cloud revenue soared 63% to $20 billion, with backlog nearly doubling to $462 billion, reflecting strong demand for AI-driven products and further solidifying its market position.
- Amazon AWS Significant Growth: Amazon's AWS revenue rose 28% to $37.6 billion, marking its fastest growth rate since 2022, showcasing the company's appeal in the AI sector, although heavy investments may impact free cash flow.
- Increased Capital Expenditure Plans: Both Microsoft and Google have raised their capital expenditure plans for 2026, with Microsoft estimating around $190 billion and Google between $180 billion and $190 billion, demonstrating confidence in future growth prospects.
See More
Microsoft Exceeds Q1 Earnings Estimates Amid AI Growth
- Significant AI Growth: Microsoft's AI business reported a remarkable year-over-year growth of 123%, indicating a strong return on investment in artificial intelligence, which could lay the groundwork for future revenue increases.
- Increased Capex Forecast: The company raised its capital expenditure forecast for 2026 to $190 billion, up from $150 billion, reflecting a 25% increase that underscores confidence in future growth opportunities while also highlighting rising input costs.
- Cloud Growth Constraints: Despite Azure's impressive 40% growth rate, the actual growth may be limited due to insufficient computing capacity, suggesting that the company needs to enhance its infrastructure investments to meet market demand effectively.
- Decline in Traditional Revenue: Revenue from Xbox, Windows licenses, and devices declined during the quarter, indicating challenges in Microsoft's traditional business segments, which could impact overall financial performance and market confidence.
See More
S&P 500 Hits Record Highs, AI Stocks Shine
- S&P 500 Performance: The S&P 500 is on track to close at another record high after its best month since November 2020, indicating strong market confidence in economic recovery as of Friday.
- AI Stock Surge: AI-related stocks like Arm, Broadcom, and Alphabet saw significant gains in April, with Arm surging nearly 40% and others rising over 30%, reflecting sustained investor enthusiasm and strong demand for AI technologies.
- Impact of Rising Memory Prices: Companies like Meta and Microsoft have raised their capital expenditure guidance due to surging memory prices, with Microsoft projecting $190 billion in capex for 2026, of which $25 billion is attributed to rising component costs, highlighting the tightness in the memory market.
- Multi-Year Supply Agreements: SanDisk has signed five multi-year supply agreements valued at over $11 billion, ensuring stable demand for its customers and indicating strong bargaining power for memory manufacturers, which could impact future sales and margins.
See More
Strong Demand for AI Infrastructure Drives Investment
- Investor Focus: Following a series of earnings reports, companies like Alphabet, Microsoft, Meta, and Amazon have demonstrated strong demand for AI infrastructure, with investors remaining optimistic about spending despite rising costs.
- Continued Spending Growth: Capital expenditures across the four companies have significantly increased this fiscal year, indicating confidence in AI-related demand, as firms are willing to invest more even with rising memory and hardware costs.
- Market Reaction Divergence: There is a clear divide among investors regarding companies that can monetize AI effectively versus those still proving profitability, which could influence which stocks lead the next phase of the AI trade.
- Opportunity Exploration: The discussion highlights opportunities in cloud computing, advertising, and internal efficiency gains, emphasizing that a company's ability to deploy AI across its operations could provide a unique competitive edge.
See More
Memory Chip Shortage Drives Rising Capital Expenditures
- Surging Memory Demand: Samsung's EVP Jaejune Kim stated that the surge in memory demand is prompting customers to pre-order chips for 2027, indicating that the supply-demand gap is expected to widen further, highlighting an increasingly tight market in the coming years.
- Rising Capital Expenditures: Alphabet reported a capital expenditure of $35.7 billion in Q1, primarily aimed at supporting AI opportunities, reflecting the urgency of investing in technical infrastructure, with projections indicating capex could exceed $1 trillion by next year.
- Growing Hardware Demand: Meta Platforms is extending the lifespan of aging servers due to an inability to acquire new ones, with an internal memo noting that hardware demand growth has exceeded expectations, particularly in critical server commodities like DRAM and HDDs, which are becoming binding constraints.
- Emerging Investment Opportunities: With strong earnings from major tech firms, Wall Street analysts believe investors will continue to chase perceived winners in the semiconductor and memory sectors, especially against the backdrop of rising prices for DRAM and NAND products, while demand for memory testing equipment is also on the rise.
See More
Amazon and Microsoft Compete for $4 Trillion Market Cap
- AWS Growth Acceleration: Amazon's Q1 revenue rose 17% year-over-year to $181.5 billion, with AWS cloud computing revenue growing 28% to $37.6 billion, marking the fastest growth rate in 15 quarters, indicating strong market demand and ongoing business expansion potential.
- Strong Demand Pipeline: AWS's backlog reached $364 billion at the end of the quarter, excluding the recently announced commitment of over $100 billion from Anthropic, suggesting a positive outlook for future growth and further solidifying Amazon's leadership in the cloud computing market.
- Surging Capital Expenditures: Amazon's capital expenditures totaled $44.2 billion in Q1, primarily driven by AI infrastructure investments, and although free cash flow dropped to $1.2 billion, management remains optimistic about long-term returns on these investments, which are expected to drive future business growth.
- Microsoft's Slowing Growth: Microsoft's Q3 revenue increased 18% year-over-year to $82.9 billion, with Azure cloud services revenue growing 40%, but the growth rate has plateaued, and the outlook for the next quarter suggests a slowdown to 39%-40%, indicating a competitive disadvantage compared to Amazon.
See More
AI-Linked Cloud Spending Boosts Tech Giants' Earnings
- Microsoft's Strong Performance: Microsoft reported adjusted earnings of $4.27 per share for its fiscal third quarter, with revenue hitting $82.89 billion, while Azure revenue surged 40%, indicating robust competitiveness in the cloud sector and sustained growth expectations.
- Google Cloud Revenue Surge: Alphabet's cloud revenue soared 63% to $20 billion, with backlog nearly doubling to $462 billion, reflecting strong demand for AI-driven products and further solidifying its market position.
- Amazon AWS Significant Growth: Amazon's AWS revenue rose 28% to $37.6 billion, marking its fastest growth rate since 2022, showcasing the company's appeal in the AI sector, although heavy investments may impact free cash flow.
- Increased Capital Expenditure Plans: Both Microsoft and Google have raised their capital expenditure plans for 2026, with Microsoft estimating around $190 billion and Google between $180 billion and $190 billion, demonstrating confidence in future growth prospects.
See More
Microsoft Exceeds Q1 Earnings Estimates Amid AI Growth
- Significant AI Growth: Microsoft's AI business reported a remarkable year-over-year growth of 123%, indicating a strong return on investment in artificial intelligence, which could lay the groundwork for future revenue increases.
- Increased Capex Forecast: The company raised its capital expenditure forecast for 2026 to $190 billion, up from $150 billion, reflecting a 25% increase that underscores confidence in future growth opportunities while also highlighting rising input costs.
- Cloud Growth Constraints: Despite Azure's impressive 40% growth rate, the actual growth may be limited due to insufficient computing capacity, suggesting that the company needs to enhance its infrastructure investments to meet market demand effectively.
- Decline in Traditional Revenue: Revenue from Xbox, Windows licenses, and devices declined during the quarter, indicating challenges in Microsoft's traditional business segments, which could impact overall financial performance and market confidence.
See More
S&P 500 Hits Record Highs, AI Stocks Shine
- S&P 500 Performance: The S&P 500 is on track to close at another record high after its best month since November 2020, indicating strong market confidence in economic recovery as of Friday.
- AI Stock Surge: AI-related stocks like Arm, Broadcom, and Alphabet saw significant gains in April, with Arm surging nearly 40% and others rising over 30%, reflecting sustained investor enthusiasm and strong demand for AI technologies.
- Impact of Rising Memory Prices: Companies like Meta and Microsoft have raised their capital expenditure guidance due to surging memory prices, with Microsoft projecting $190 billion in capex for 2026, of which $25 billion is attributed to rising component costs, highlighting the tightness in the memory market.
- Multi-Year Supply Agreements: SanDisk has signed five multi-year supply agreements valued at over $11 billion, ensuring stable demand for its customers and indicating strong bargaining power for memory manufacturers, which could impact future sales and margins.
See More
Strong Demand for AI Infrastructure Drives Investment
- Investor Focus: Following a series of earnings reports, companies like Alphabet, Microsoft, Meta, and Amazon have demonstrated strong demand for AI infrastructure, with investors remaining optimistic about spending despite rising costs.
- Continued Spending Growth: Capital expenditures across the four companies have significantly increased this fiscal year, indicating confidence in AI-related demand, as firms are willing to invest more even with rising memory and hardware costs.
- Market Reaction Divergence: There is a clear divide among investors regarding companies that can monetize AI effectively versus those still proving profitability, which could influence which stocks lead the next phase of the AI trade.
- Opportunity Exploration: The discussion highlights opportunities in cloud computing, advertising, and internal efficiency gains, emphasizing that a company's ability to deploy AI across its operations could provide a unique competitive edge.
See More
Memory Chip Shortage Drives Rising Capital Expenditures
- Surging Memory Demand: Samsung's EVP Jaejune Kim stated that the surge in memory demand is prompting customers to pre-order chips for 2027, indicating that the supply-demand gap is expected to widen further, highlighting an increasingly tight market in the coming years.
- Rising Capital Expenditures: Alphabet reported a capital expenditure of $35.7 billion in Q1, primarily aimed at supporting AI opportunities, reflecting the urgency of investing in technical infrastructure, with projections indicating capex could exceed $1 trillion by next year.
- Growing Hardware Demand: Meta Platforms is extending the lifespan of aging servers due to an inability to acquire new ones, with an internal memo noting that hardware demand growth has exceeded expectations, particularly in critical server commodities like DRAM and HDDs, which are becoming binding constraints.
- Emerging Investment Opportunities: With strong earnings from major tech firms, Wall Street analysts believe investors will continue to chase perceived winners in the semiconductor and memory sectors, especially against the backdrop of rising prices for DRAM and NAND products, while demand for memory testing equipment is also on the rise.
See More
Amazon and Microsoft Compete for $4 Trillion Market Cap
- AWS Growth Acceleration: Amazon's Q1 revenue rose 17% year-over-year to $181.5 billion, with AWS cloud computing revenue growing 28% to $37.6 billion, marking the fastest growth rate in 15 quarters, indicating strong market demand and ongoing business expansion potential.
- Strong Demand Pipeline: AWS's backlog reached $364 billion at the end of the quarter, excluding the recently announced commitment of over $100 billion from Anthropic, suggesting a positive outlook for future growth and further solidifying Amazon's leadership in the cloud computing market.
- Surging Capital Expenditures: Amazon's capital expenditures totaled $44.2 billion in Q1, primarily driven by AI infrastructure investments, and although free cash flow dropped to $1.2 billion, management remains optimistic about long-term returns on these investments, which are expected to drive future business growth.
- Microsoft's Slowing Growth: Microsoft's Q3 revenue increased 18% year-over-year to $82.9 billion, with Azure cloud services revenue growing 40%, but the growth rate has plateaued, and the outlook for the next quarter suggests a slowdown to 39%-40%, indicating a competitive disadvantage compared to Amazon.
See More
