Is Microsoft Stock a Buy?
Tech investors have had a good year so far, but the 22% surge in the Nasdaq Composite index still pales in comparison to the returns that (NASDAQ: MSFT) owners have seen. The software giant is up over 30% through mid-May, in fact.
Wall Street is excited about the prospects for its cloud services division and the potential for a generally strong selling environment ahead for enterprise software. Looking further out, Microsoft might see excellent returns from attractive niches like video games, cybersecurity, and artificial intelligence (AI).
But does the over $2 trillion valuation on the business mean that expectations are too high for investors to see decent returns from here? Let's take a closer look.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 6.33% compared to the current price of 395.0 € for Microsoft Corp..