Is It Time To Sell Microsoft Stock?
Microsoft (NASDAQ: MSFT), the second-largest U.S. company by market cap, has had a remarkable decade, turning $10,000 invested into an incredible $108,000. That's a phenomenal return.
In its latest quarter, Microsoft revealed some cracks that concern many investors, even causing many to wonder whether it's time to sell the tech giant and look for greener pastures. So is Microsoft's run over? Or is it just taking a break? Let's find out.
Microsoft's three business segments saw significantly different operating environments in the second quarter of FY 2023 (ending December 31). Productivity and Business Processes, which include LinkedIn and Office products, were up 7% to $17 billion. While that's not rapid by any means, it still outpaced Microsoft's companywide 2% growth.
Source Fool.com
