Microsoft Stock To Rally Further After Its Quarterly Report

Microsoft's 3Q Earnings report is due on 27th August. Microsoft stock is high by 17% year to date, and is just a few dollars below a it's record high. The company has benefitted in the pandemic from growing enterprise adoption of cloud computing as well as a surprisingly robust market for personal computers. Initial expectation was that with time the market for personal computers will die down as computers are a long-term good, but this has not been the case. Thus MSFT is expected to rally futher and have a boost in stock price once the reports are released on Tuesday.

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Microsoft Stock To Rally Further After Its Quarterly Report

Apr 22, 2021

bullish

fundamentals Analysis

[< 1 min Read]

Microsoft's 3Q Earnings report is due on 27th August. Microsoft stock is high by 17% year to date, and is just a few dollars below a it's record high. The company has benefitted in the pandemic from growing enterprise adoption of cloud computing as well as a surprisingly robust market for personal computers. Initial expectation was that with time the market for personal computers will die down as computers are a long-term good, but this has not been the case. Thus MSFT is expected to rally futher and have a boost in stock price once the reports are released on Tuesday.

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MSFT

Microsoft Corporation

259.70

0.12
0.05%

Return

-0.34%
Change % Since Posting
-0.88
Change Since Posting
260.58
Price When Posted

Metrics

290.00
Target Price
9/ 10
Confidence
< 1 Week
Timeframe
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Earnings Per Share
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Financials
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Management
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Price to Earnings Ratio
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Dividend
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Other Catalyst

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