Near an All-Time High, Is Microsoft Stock Still a Buy?
One of the clear winners of the advent of artificial intelligence (AI) has been (NASDAQ: MSFT). The stock generated impressive gains of 57% in 2023, tacking on an additional 12% so far this year (as of market close on Wednesday), and regularly breaches new all-time highs.
The company is best known for its ubiquitous Windows operating system, Office suite of productivity software, and Teams workplace collaboration platform. Most recently, however, Microsoft planted its flag in the area of generative AI, quickly integrating AI functionality into its roster of products and services.
This has investors in a quandary. After notching 75% gains in roughly 15 months, is Microsoft stock still a buy? Let's see what the data says.
Source Fool.com
Microsoft Corp. Stock
€384.60
0.590%
The stock is one of the favorites of our community with 101 Buy predictions and 2 Sell predictions.
With a target price of 411 € there is a slightly positive potential of 6.86% for Microsoft Corp. compared to the current price of 384.6 €.
