Why Isn't Microsoft's Stock Soaring After This Latest Monster News?
While some stocks rise and fall sharply during earnings season, others stand pat. That's pretty much what Microsoft (NASDAQ: MSFT) did, as the stock only rose slightly more than the broader market (measured by the S 500) the day following earnings.
However, when you dig into the quarter, it may make some wonder why the stock wasn't up more because it was truly incredible. If it should be up more, this could potentially be an opportunity to get in before other investors realize what they've missed.
Microsoft has become a behemoth during its long rise to become the largest company in the world. Although it used to claim the title (alongside Apple) of a $3 trillion company, it no longer sits above that threshold. But with these results in mind, it may return there.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 101 Buy predictions and 2 Sell predictions.
With a target price of 414 € there is a slightly positive potential of 3.46% for Microsoft Corp. compared to the current price of 400.15 €.
