Is Microsoft Stock a Buy Now?
What a year for (NASDAQ: MSFT). The tech stalwart kicked off 2023 by hitting a 52-week low of $219.35 on January 6. Then Microsoft-backed OpenAI's ChatGPT grabbed headlines as artificial intelligence exploded into prominence.
Since then, Microsoft shares have risen steadily, reaching a 52-week high of $384.30 toward the end of November, illustrating just how far the stock has come from the start of the year. So is it too late to purchase the tech giant's stock?
The share price has pulled back from its recent high, creating a potential buy opportunity. Let's analyze where the company is at currently to determine if now is a good time to buy.
Source Fool.com
Microsoft Corp. Stock
€374.30
-3.160%
The stock is one of the favorites of our community with 111 Buy predictions and 1 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 13.28% for Microsoft Corp. compared to the current price of 374.3 €.
