(NASDAQ: MSFT) has been on a tear in 2023, and its share price is now up roughly 28.5% across the year's trading. With a market capitalization of roughly $2.3 trillion, the software giant stands as the world's second-largest company and its stock has delivered a dividend-adjusted total return of roughly 240% over the last five years.

Does the technology titan still have room to run, or has its valuation become unreasonably stretched at current levels? If you hold Microsoft in your portfolio or are thinking of buying the stock, read on for a look at competing bullish and bearish takes from two Motley Fool contributors. 

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Source Fool.com